pboswell
1 Answer
Colleen
Tax on sale of assets: a tax on profit above a fixed level made from the sale of financial assets.
A type of tax levied on capital gains incurred by individuals and corporations. Capital gains are the profits that an investor realizes when he or she sells the capital asset for a price that is higher than the purchase price.
Capital gains taxes are only triggered when an asset is realized, not while it is held by an investor. An investor can own shares that appreciate every year, but the investor does not incur a capital gains tax on the shares until they are sold. http://www.investopedia.com/terms/c/capital_gains_tax.asp
| 12 years ago. Rating: 2 | |
Top contributors in India category
Unanswered Questions
777winofficial
Answers: 0
Views: 3
Rating: 0
LogoKick LogoKick
Answers: 0
Views: 6
Rating: 0
Thành Đạt Home
Answers: 0
Views: 6
Rating: 0
LogoKick LogoKick
Answers: 0
Views: 7
Rating: 0
hz88blue
Answers: 0
Views: 15
Rating: 0
rr88aeorg
Answers: 0
Views: 9
Rating: 0
lc88 Casino: Choi Nhanh, Thang Lon - Trai Nghiem Giai Tri Dinh Cao
Answers: 0
Views: 10
Rating: 0
duhucedutime
> More questions...
Answers: 0
Views: 9
Rating: 0