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Forum > 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
1 post
Feb 19, 2025
4:33 AM
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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Last Edited by mccormickfreda on Feb 19, 2025 4:38 AM


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