A tax levied on returns from capital investments, such as profits from the sale of real estate is a _______ tax

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18-06-2017
Business

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A tax levied on returns from capital investments, such as profits from the sale of real estate is a _______ tax

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taskmasters taskmasters · Answer 1 · 2017-07-01T04:54:35+02:00

taskmasters taskmasters

01-07-2017

The answer to this question is CAPITAL GAINS TAX. This is a type of tax where it is levied on capital investments or capital gains. This tax is also the increase of value of the invested item. Capital gains tax in real estate shows that the seller will shoulder paying the capital gains tax.

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