单词 | capital gains tax |
释义 | capital gains tax capital gains tax noun [C,U] (abbr CGT)
a tax that sb must pay when they have made a profit above a particular level on the sale of a capital asset (= buildings, machinery, vehicles, shares, etc.). In the UK companies do not pay this tax, but in the US they do: There was a 50% capital gains tax on sales of shareholdings in domestic companies. cuts in capital gains tax |
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