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| Public finance | ||||||||||||||||||||
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| This article is part of the series: Finance and Taxation | ||||||||||||||||||||
| Taxation | ||||||||||||||||||||
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| Income tax · Payroll tax CGT · Stamp duty Sales tax · VAT · Flat tax Tax, tariff and trade | ||||||||||||||||||||
| Tax incidence | ||||||||||||||||||||
| Tax rate · Proportional tax Progressive tax · Regressive tax Tax advantage | ||||||||||||||||||||
Taxation by country
Tax revenue as % of GDP | ||||||||||||||||||||
| Economic policy | ||||||||||||||||||||
| Monetary policy Central bank · Money supply | ||||||||||||||||||||
| Fiscal policy Spending · Deficit · Debt | ||||||||||||||||||||
| Trade policy Tariff · Trade agreement | ||||||||||||||||||||
| Finance | ||||||||||||||||||||
| Financial market Financial market participants Corporate · Personal Public · Banking · Regulation | ||||||||||||||||||||
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A capital gains tax (abbreviated: CGT) is a tax charged on capital gains, the profit realized on the sale of an non-inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property. Not all countries implement a capital gains tax and most have different rates of taxation for individuals and corporations.