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CGT

Noun CEFR C2

Definitions

Initialism of capital gains tax.

abbreviation, alt-of, initialism, uncountable

Equivalents

FrançaisCGT

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.
See all C2 English words →

See also

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