Statements (34)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:appliesTo |
corporations
individuals capital gains |
| gptkbp:commonAssetsTaxed |
bonds
real estate stocks businesses collectibles |
| gptkbp:controversy |
effect on economic growth
fairness of rates impact on investment behavior |
| gptkbp:exemptionsMayInclude |
primary residence
certain retirement accounts |
| gptkbp:existsIn |
gptkb:Australia
gptkb:Canada gptkb:India gptkb:United_Kingdom gptkb:United_States many other countries |
| gptkbp:filingMethod |
annual tax return
|
| https://www.w3.org/2000/01/rdf-schema#label |
Capital Gains Tax (CGT)
|
| gptkbp:introducedIn |
early 20th century
|
| gptkbp:leviedBy |
governments
|
| gptkbp:longTermGainsTaxedAt |
lower rates (in some countries)
|
| gptkbp:purpose |
raise government revenue
discourage speculation |
| gptkbp:rateDependsOn |
gptkb:judge
holding period taxpayer income |
| gptkbp:shortTermGainsTaxedAs |
ordinary income (in some countries)
|
| gptkbp:taxStatus |
profit from sale of assets
|
| gptkbp:bfsParent |
gptkb:ATO
|
| gptkbp:bfsLayer |
6
|