Register now or log in to join your professional community.
Capital gain is theprofit realized from the sale (disposal) of a capital asset, or from holding it during a period when its market value is increasing. Such gains usually attract capital gains tax.
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 gainsareprofitsfrom thesaleof assets heldfor individualfacilityengaged ina businessorindustrialorprofessionallyorownedlegal personorprofitsfrom the sale ofparticipation sharesin thecapital oflegal personsandthecapitalist profitusuallyis the difference betweenthe soldvalueand the book valuewith respect toassets, a differencebetween thevalue of thepartner's shareAlmtforeigtime of exitand the value ofhis stakewhen he enteredthe companyAndprocessedvaryfromstatetostatetax lawbythe statein which theactivityis located.