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capital tax meaning

"capital tax" in a sentence

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  • [Business]
    noun [C]

    (Economics )

    a tax that is based on the value of the land, buildings, investments, etc. owned by a person or a company, rather than their income:

    The government imposed a capital tax on corporate assets.

    CAPITAL GAINS TAX

    capital taxation noun [U]


  • [Economics]
    A tax on individuals or companies based on the value of their capital. An alternative name for this is a capital levy. Such a tax requires capital to be valued, and would be difficult to collect if it could not be paid out of income received from the capital over some short period. Most countries have thus chosen to tax either income from capital, realized capital gains, or capital transfers, rather than capital itself.

Examples

  • On a model analysis of domestic horizontal capital tax competition in transitional economies
  • Wealthy individuals will be particularly affected by the closure of loopholes that allowed them to escape capital tax on uk assets held in offshore trusts
  • In other jurisdictions, the capital taxes function as alternative taxes.
  • The most important was the reduction of the Canadian Capital Tax.
  • The zero optimal capital tax relies on the assumption of preference homogeneity.
  • They also get breaks in real estate, capital taxes and sales taxes.
  • On January 1, 2006, capital tax was eliminated at the federal level.
  • Exemptions from capital taxes were also extended, which benefitted 330, 000 small proprietors.
  • In British Columbia the corporate capital tax was eliminated as of April 1, 2010.
  • They know we want to do as much as we can with capital tax rate cut,
  • More examples:  1  2  3  4  5

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What is the meaning of capital tax and how to define capital tax in English? capital tax meaning, what does capital tax mean in a sentence? capital tax meaningcapital tax definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.