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单词 capital transfers
释义 capital transfers

Transfers of assets between individuals, by gift or bequest, where the recipient regards the receipt as an addition to their capital rather than part of their income. There is no objective test of which transfers are of this nature; the UK capital transfer tax (CTT) effectively uses the size of the gift as a test, by allowing small amounts to be exempt from tax.

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更新时间:2024/11/13 14:49:27