Capital Gains Tax

Definition

A tax on the profit realized on the sale of a non-inventory asset.

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Long-term capital gains (assets held > 1 year) are typically taxed at a lower rate than short-term gains.

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This tool is for illustrative purposes only and does not constitute professional financial, tax, or legal advice. Calculations are estimates and may not reflect real-world variables or local regulations. Always consult with a qualified professional before making financial decisions.