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What is capital gains tax?
Capital gains tax is one sort of tax which is applied on capital gains. Capital gains here are the profit that an investor earns on selling the non-inventory asset which was bought on a comparative low pricing compared to the amount realizes on the sell.
Where is CGT applied?
Capital gains tax is generally realized on the sale of stocks, bonds, property and some kind of precious metals.
With every country following different policies and tax laws, the rates of taxation is different In every region for corporates as well as individuals.
Capital gains tax is charged by the law of the state depending on the transactions, dividends and gains on the capital traded under stock market.
Can taxpayers defer the capital gains tax?
Depending on the national tax laws of a particular country, the taxpayers may apply for the deferring and reducing request for the capital gains tax. Depending on the law of the country, the strategies of the same differs in every region.
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