capital gains tax definition

  • noun:
    • A tax levied regarding the profit created from offering any "capital" (in other words. non-inventory) asset.
    • a tax on capital gains
    • A tax levied in the profit produced from offering any "capital" (i.e. non-inventory) asset.
    • a tax on money gains
65 votes

How would you define capital gains tax?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!