Your tax questions answered

Your tax questions answered

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Below are the 1 database entries on the subject of Capital Gains.

What is Capital Gains Tax?

In essence, Capital Gains Tax is a tax on profits made when assets are disposed of, usually by selling them.
There are of course many rules and regulations. These are used to decide the cost of the asset, the amount you got it for, whether there are any other costs incurred, and how much of that profit needs to be taxed.

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