{"id":263,"date":"2022-08-25T13:44:32","date_gmt":"2022-08-25T13:44:32","guid":{"rendered":"https:\/\/komplytek.com\/blogs\/?p=263"},"modified":"2022-08-25T13:44:44","modified_gmt":"2022-08-25T13:44:44","slug":"types-of-capital-assets-capital-gain-and-taxe","status":"publish","type":"post","link":"https:\/\/komplytek.com\/blogs\/types-of-capital-assets-capital-gain-and-taxe\/","title":{"rendered":"Types of Capital Assets, Capital Gain and Taxe"},"content":{"rendered":"

A capital gain is any profit made from the sale of an item classified as a capital asset. Capital assets include things like machinery, leasehold rights, patents, trademarks, cars, land, buildings, and real estate. The income category includes the profit that was made on the sale of a capital asset. The tax on capital gains is imposed when an investor sells an investment and makes a profit. It is due for tax in the year in which the investment is sold. Consequently, a tax must be paid on the gain arisen \/income earned.<\/span><\/p>\n

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