Definition of “capital gains tax” - English Dictionary


(Definition of “capital gains tax” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“capital gains tax” in Business English

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capital gains taxnoun [ C or U ]

uk us abbreviation CGT

TAX tax on the profits made from selling property or investments:

Even the experts admit that calculating capital gains tax liabilities can be baffling.

(Definition of “capital gains tax” from the Cambridge Business English Dictionary © Cambridge University Press)