Meaning of CGT | Babel Free
Equivalents
Français
CGT
Examples
“Is capital gains tax (CGT) going to rise⟳ dramatically as the government attempts to claw back the cost⟳ of extra spending during the coronavirus pandemic? […] CGT is a tax on the profit when you sell⟳ (or ‘dispose of’) something (an ‘asset’) that’s increased in value. It’s only the gain⟳ that is taxed.”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free