LanGeekLanGeek Dictionary

Capital gains tax

British pronunciation/kˈapɪtəl ɡˈeɪnz tˈaks/
American pronunciation/kˈæpɪɾəl ɡˈeɪnz tˈæks/
Capital gains tax
[NOUN]
1

a tax on the profit a corporation or an individual makes from selling shares or properties

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Examples
1It’s a capital gains tax cut.
2So what is your prediction on capital gains tax?
3So outside of 401k, you pay capital gains tax rates in the US.
4Capital gains taxes A capital gains tax is a tax on the profit on the sale of an asset.
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