Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

[------------} is a tax assessed on positive difference between the sale price of the asset and it's original purchase price. 1. Capital Tax 2. Capital

[------------} is a tax assessed on positive difference between the sale price of the asset and it's original purchase price.

1.

Capital Tax

2.

Capital Gains Tax

3.

Sales gain Tax

4.

Capital loss tax

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Nft For Beginners

Authors: Maria Medina

1st Edition

979-8851572357

More Books

Students also viewed these Finance questions