Capital gain: Difference between revisions
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imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson m (Changed see also Capital Gains Tax to initial capitals to see if this would fix broken link 23/10/13) |
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== See also == | == See also == | ||
* [[Capital asset pricing model]] | * [[Capital asset pricing model]] | ||
* [[Capital | * [[Capital Gains Tax]] | ||
* [[Chargeable gain]] | * [[Chargeable gain]] | ||
* [[Rebasing]] | * [[Rebasing]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 08:53, 23 October 2013
1. A realised increase in the value of a capital asset, as when a security or commodity is sold for more than the price at which it was purchased.
2. Tax. The amount of the realised increase in the value of a capital asset, as calculated for tax purposes. In the UK individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.
