How to pronounce“cgt”in English
verbIPA/kgt/
Syllablescgt
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Definitions of “cgt”
noun
Initialism of capital gains tax.
“Is capital gains tax (CGT) going to rise dramatically as the government attempts to claw back the cost of extra spending during the coronavirus pandemic? […] CGT is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. It’s only the gain that is taxed.”