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CAPITAL GAIN TAX: WHAT IT IS, HOW IT WORKS, AND CU
CAPITAL GAIN TAX: WHAT IT IS, HOW IT WORKS, AND CU
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mccormickfreda
4 posts
Feb 19, 2025
4:11 AM
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There are some categories for transfer of a capital asset which are subject to nil capital gain tax rates. Here the term transfer is a wide term which covers more than just selling and buying. It includes relinquishment, conversion of capital asset into stock in trade, compulsory acquisition by operation of law and other things.
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