See Also: capital gains tax(encyclopedia)
capital gains tax(dictionary)
capital gains(dictionary)
Capital gains tax(finance)
Capital Gains(money)
Capital Gains(law)
Capital gains tax(money)
Capital gains yield(money)
Capital gains distribution(money)
Capital gains yield(finance)

Capital gains tax (finance)


The tax levied on profits from the sale of capital assets. A long-term capital gain, which is achieved once an asset is held for at least 12 months, is taxed at a maximum rate of 20% (taxpayers in 28% tax bracket) and 10% (taxpayers in 15% tax bracket).