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Capital gains tax

Index Capital gains tax

A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than the amount realized on the sale. [1]

91 relations: Abgeltungsteuer, Alan Reynolds (economist), Argentina, Asset, Bank, Barbados, Belize, Bombay Stock Exchange, Bond (finance), Brazilian real, Business, Canada, Capital gain, Charitable trust, Church tax, Debt, Deposit account, Dividend, Egyptian revolution of 2011, Entrepreneurs' relief, Equity (finance), Ernst & Young, Estonia, Euronext Lisbon, Federation of Small Businesses, Finland, Fiscal year, Flat tax, Gilt-edged securities, HM Revenue and Customs, Hong Kong, Income tax, Individual Savings Account, Inflation, Inflation-indexed bond, Inland Revenue Department (New Zealand), Interest, Internal Revenue Code section 1031, Israel, James Callaghan, Jobs and Growth Tax Relief Reconciliation Act of 2003, Life annuity, Life insurance, Malaysia, Market liquidity, Mexico, Mutual fund, National Stock Exchange of India, Net income, New Zealand, ..., New Zealand general election, 2011, New Zealand general election, 2014, New Zealand Labour Party, New Zealand National Party, Norway, Offshore bank, Ordinary income, Participation exemption, Precious metal, Private annuity trust, Private equity, Progressive tax, Property, Registered Retirement Savings Plan, Remuneration, Romania, Securities Transaction Tax, Sierra Leone, Singapore, South Africa, South Korea, Sri Lanka, Stock, Stock market, Structured sale, Substantial shareholdings exemption, Sweden, Switzerland, Tax, Tax evasion, Tax haven, Tax Increase Prevention and Reconciliation Act of 2005, Tax rate, Tax-Free Savings Account, Taxation of Chargeable Gains Act 1992, Taxpayer Relief Act of 1997, Thailand, The New Zealand Herald, United Kingdom corporation tax, World War II, Zero-coupon bond. Expand index (41 more) »

Abgeltungsteuer

The Abgeltungsteuer (German, from Abgeltung "settlement", "discharge" + Steuer "tax") is a flat tax on private income from capital.

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Alan Reynolds (economist)

Alan Reynolds (born c. 1942) is one of the original supply-side economists.

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Argentina

Argentina, officially the Argentine Republic (República Argentina), is a federal republic located mostly in the southern half of South America.

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Asset

In financial accounting, an asset is an economic resource.

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Bank

A bank is a financial institution that accepts deposits from the public and creates credit.

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Barbados

Barbados is an island country in the Lesser Antilles of the West Indies, in the Caribbean region of North America.

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Belize

Belize, formerly British Honduras, is an independent Commonwealth realm on the eastern coast of Central America.

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Bombay Stock Exchange

The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai (formerly Bombay).

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Bond (finance)

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.

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Brazilian real

The Brazilian real (real, pl. reais; sign: R$; code: BRL) is the official currency of Brazil.

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Business

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

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Canada

Canada is a country located in the northern part of North America.

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Capital gain

A capital gain refers to profit that results from a sale of a capital asset, such as stock, bond or real estate, where the sale price exceeds the purchase price.

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Charitable trust

A charitable trust is an irrevocable trust established for charitable purposes and, in some jurisdictions, a more specific term than "charitable organization".

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Church tax

A church tax is a tax imposed on members of some religious congregations in Austria, Denmark, Finland, Germany, Iceland, Italy, Sweden, some parts of Switzerland and several other countries.

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Debt

Debt is when something, usually money, is owed by one party, the borrower or debtor, to a second party, the lender or creditor.

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Deposit account

A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.

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Dividend

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.

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Egyptian revolution of 2011

The Egyptian revolution of 2011, locally known as the January 25 Revolution (ثورة 25 يناير), and as the Egyptian Revolution of Dignity began on 25 January 2011 and took place across all of Egypt.

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Entrepreneurs' relief

In the United Kingdom, entrepreneurs selling their business (technically "qualifying assets") can claim entrepreneurs' relief.

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Equity (finance)

In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned.

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Ernst & Young

Ernst & Young (doing business as EY) is a multinational professional services firm headquartered in London, England.

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Estonia

Estonia (Eesti), officially the Republic of Estonia (Eesti Vabariik), is a sovereign state in Northern Europe.

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Euronext Lisbon

Euronext Lisbon is a stock exchange in Lisbon, Portugal.

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Federation of Small Businesses

The Federation of Small Businesses (FSB) is a UK business organisation representing small and medium-sized businesses.

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Finland

Finland (Suomi; Finland), officially the Republic of Finland is a country in Northern Europe bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Norway to the north, Sweden to the northwest, and Russia to the east.

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Fiscal year

A fiscal year (or financial year, or sometimes budget year) is the period used by governments for accounting and budget purposes, which vary between countries.

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Flat tax

A flat tax (short for flat tax rate) is a tax system with a constant marginal rate, usually applied to individual or corporate income.

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Gilt-edged securities

Gilt-edged securities are bonds issued by the UK Government.

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HM Revenue and Customs

Her Majesty's Revenue and Customs (HM Revenue and Customs or HMRC) is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support and the administration of other regulatory regimes including the national minimum wage.

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Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

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Income tax

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income).

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Individual Savings Account

An Individual Savings Account (ISA) is a class of retail investment arrangements available to residents of the United Kingdom.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Inflation-indexed bond

Daily inflation-indexed bonds (also known as inflation-linked bonds or colloquially as linkers) are bonds where the principal is indexed to inflation or deflation on a daily basis in terms of the official Daily CPI or monetized daily indexed unit of account like the Unidad de Fomento in Chile and the Real Value unit of Colombia.

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Inland Revenue Department (New Zealand)

Inland Revenue (IRD; former known name: Inland Revenue Department; Māori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax.

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Interest

Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.

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Internal Revenue Code section 1031

Under Section 1031 of the United States Internal Revenue Code, a taxpayer may defer recognition of capital gains and related federal income tax liability on the exchange of certain types of property.

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Israel

Israel, officially the State of Israel, is a country in the Middle East, on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea.

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James Callaghan

Leonard James Callaghan, Baron Callaghan of Cardiff, (27 March 1912 – 26 March 2005), often known as Jim Callaghan, served as Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980.

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Jobs and Growth Tax Relief Reconciliation Act of 2003

The Jobs and Growth Tax Relief Reconciliation Act of 2003 ("JGTRRA"), was passed by the United States Congress on May 23, 2003 and signed into law by President George W. Bush on May 28, 2003.

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Life annuity

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive.

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Life insurance

Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).

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Malaysia

Malaysia is a federal constitutional monarchy in Southeast Asia.

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Market liquidity

In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price.

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Mexico

Mexico (México; Mēxihco), officially called the United Mexican States (Estados Unidos Mexicanos) is a federal republic in the southern portion of North America.

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Mutual fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

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National Stock Exchange of India

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai.

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Net income

In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.

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New Zealand

New Zealand (Aotearoa) is a sovereign island country in the southwestern Pacific Ocean.

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New Zealand general election, 2011

The 2011 New Zealand general election on Saturday 26 November 2011 determined the membership of the 50th New Zealand Parliament.

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New Zealand general election, 2014

The 2014 New Zealand general election took place on Saturday 20 September 2014 to determine the membership of the 51st New Zealand Parliament.

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New Zealand Labour Party

The New Zealand Labour Party (Rōpū Reipa o Aotearoa), or simply Labour (Reipa), is a centre-left political party in New Zealand.

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New Zealand National Party

The New Zealand National Party (Rōpū Nāhinara o Aotearoa), shortened to National (Nāhinara) or the Nats, is a centre-right political party in New Zealand.

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Norway

Norway (Norwegian: (Bokmål) or (Nynorsk); Norga), officially the Kingdom of Norway, is a unitary sovereign state whose territory comprises the western portion of the Scandinavian Peninsula plus the remote island of Jan Mayen and the archipelago of Svalbard.

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Offshore bank

An offshore bank is a bank regulated under international banking license (often called offshore license), which usually prohibits the bank from establishing any business activities in the jurisdiction of establishment.

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Ordinary income

Under the United States Internal Revenue Code, the type of income is defined by its character.

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Participation exemption

Participation exemption is a general term relating to an exemption from taxation for a shareholder in a company on dividends received, and potential capital gains arising on the sale of shares.

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Precious metal

A precious metal is a rare, naturally occurring metallic chemical element of high economic value.

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Private annuity trust

Prior to 2006, a private annuity trust (PAT) was an arrangement to enable the value of highly appreciated assets, such as real estate, collectables or an investment portfolio, to be realized without directly selling them and incurring substantial taxes from their sale.

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Private equity

Private equity typically refers to investment funds organized as limited partnerships that are not publicly traded and whose investors are typically large institutional investors, university endowments, or wealthy individuals.

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Progressive tax

A progressive tax is a tax in which the tax rate increases as the taxable amount increases.

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Property

Property, in the abstract, is what belongs to or with something, whether as an attribute or as a component of said thing.

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Registered Retirement Savings Plan

A Registered Retirement Savings Plan (RRSP), or Retirement Savings Plan (RSP), is a type of Canadian account for holding savings and investment assets.

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Remuneration

Remuneration is considered the pay or other compensation provided in exchange for the services performed; not to be confused with giving (away), or donating, or the act of providing to.

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Romania

Romania (România) is a sovereign state located at the crossroads of Central, Eastern, and Southeastern Europe.

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Securities Transaction Tax

Securities Transaction Tax (STT) is a tax payable in India on the value of securities (excluding commodities and currency) transacted through a recognized stock exchange.

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Sierra Leone

Sierra Leone, officially the Republic of Sierra Leone, is a country in West Africa.

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Singapore

Singapore, officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia.

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South Africa

South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.

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South Korea

South Korea, officially the Republic of Korea (대한민국; Hanja: 大韓民國; Daehan Minguk,; lit. "The Great Country of the Han People"), is a country in East Asia, constituting the southern part of the Korean Peninsula and lying east to the Asian mainland.

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Sri Lanka

Sri Lanka (Sinhala: ශ්‍රී ලංකා; Tamil: இலங்கை Ilaṅkai), officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia, located in the Indian Ocean to the southwest of the Bay of Bengal and to the southeast of the Arabian Sea.

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Stock

The stock (also capital stock) of a corporation is constituted of the equity stock of its owners.

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Stock market

A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as those only traded privately.

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Structured sale

A structured sale is a special type of installment sale pursuant to the Internal Revenue Code.

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Substantial shareholdings exemption

The substantial shareholdings exemption is an exemption from assessment of capital gains under corporation tax applicable to United Kingdom companies.

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Sweden

Sweden (Sverige), officially the Kingdom of Sweden (Swedish), is a Scandinavian country in Northern Europe.

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Switzerland

Switzerland, officially the Swiss Confederation, is a sovereign state in Europe.

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Tax

A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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Tax evasion

Tax evasion is the illegal evasion of taxes by individuals, corporations, and trusts.

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Tax haven

A tax haven is defined as a jurisdiction with very low "effective" rates of taxation ("headline" rates may be higher).

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Tax Increase Prevention and Reconciliation Act of 2005

The Tax Increase Prevention and Reconciliation Act of 2005 (or TIPRA) is an American law, which was enacted on May 17, 2006.

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Tax rate

In a tax system, the tax rate is the ratio (usually expressed as a percentage) at which a business or person is taxed.

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Tax-Free Savings Account

The Tax-Free Savings Account (TFSA, Compte d'épargne libre d'impôt or CÉLI) is an account available in Canada and South Africa that provides tax benefits for saving.

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Taxation of Chargeable Gains Act 1992

The Taxation of Chargeable Gains Act 1992 is an Act of Parliament which governs the levying of capital gains tax in the United Kingdom.

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Taxpayer Relief Act of 1997

The Taxpayer Relief Act of 1997 reduced several federal taxes in the United States.

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Thailand

Thailand, officially the Kingdom of Thailand and formerly known as Siam, is a unitary state at the center of the Southeast Asian Indochinese peninsula composed of 76 provinces.

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The New Zealand Herald

The New Zealand Herald is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment.

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United Kingdom corporation tax

In the United Kingdom, corporation tax is a corporate tax levied in the United Kingdom on the profits made by UK-resident companies and on the profits of entities registered overseas with permanent establishments in the UK.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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Zero-coupon bond

A zero-coupon bond (also discount bond or deep discount bond) is a bond where the face value is repaid at the time of maturity.

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Redirects here:

Capital Gains Tax, Capital Gains Tax in the United Kingdom, Capital gain tax, Capital gains taxes, Capital-Gains Tax, Capital-gains tax, Long term capital gains tax, Short term capital gains tax, UK CGT, UK Capital Gains Tax, United Kingdom Capital Gains Tax.

References

[1] https://en.wikipedia.org/wiki/Capital_gains_tax

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