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Principles of Taxation > Chapter 9 - 2.1 - Capital Gains Tax Computation > Flashcards

Chapter 9 - 2.1 - Capital Gains Tax Computation Flashcards

1
Q

What is a chargeable gain?

A

A gain stated before the annual exempt amount has been deducted

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2
Q

What is a taxable gain?

A

A gain stated after the annual exempt amount has been deducted

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Principles of Taxation (165 decks)

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