Capital Gains Tax
Amount of tax charged on the net gain of an asset sale. Currently, the capital gains tax rate is around 15 percent if the time between purchase and sale is more than one year.
More words in the glossary starting with C
- Capital
- Capital Gain
- Capital Loss
- Card Present (CP) vs Card Not Present (CNP) transactions
- Cash Basis Accounting
- Cash Flow
- Cash out
- Certificate of Incorporation
- Certified Public Accountant (CPA)
- Collateral
- Corporation
- Co-Signer
- Credit Card Processing Fees
- Credit Card Receivables
- Credit Card Vendors
- Credit Line
- Credit Score
- Cs of Creditworthiness
