Meaning of the word "capital gains tax" in English
What does "capital gains tax" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
capital gains tax
US /ˈkæpɪtl ɡeɪnz tæks/
UK /ˈkæpɪtl ɡeɪnz tæks/
Noun
1.
a tax levied on profit from the sale of property or of an investment.
Example:
•
He had to pay a significant amount of capital gains tax after selling his shares.
•
Understanding capital gains tax is crucial for investors.
Synonym:
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