Definition of capital gains tax in English:

capital gains tax

Line breaks: cap|ital gains tax
Pronunciation: /kapɪtlˈɡeɪnztaks
(abbreviation: CGT)


[mass noun]
  • A tax levied on profit from the sale of property or an investment.
    More example sentences
    • The ISA wrapper protects your investment from income tax and capital gains tax, which is a good thing for most investors.
    • I infer from what you are saying that no attention at all was paid to the aspect of income tax or capital gains tax at the trial.
    • Few would argue with the levels of corporation tax or capital gains tax.

More definitions of capital gains tax

Definition of capital gains tax in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day mage
Pronunciation: meɪdʒ
a magician or learned person