CGT means capital gains tax.
CGT means capital gains tax, being the portion of normal tax attributable to the inclusion in taxable income of a taxable capital gain;
CGT means capital gains tax, being the normal tax attributable to the inclusion of a taxable capital gain in taxable income under section 26A;
Examples of CGT in a sentence
No other CGT event in Division 104 of the ITAA 1997 will happen because of the Conversion.
Such investments are not ‘eligible venture capital investments’ and partners’ shares in capital gains made in relation to such investments do not attract the capital gains tax (CGT) exemption in section 118-405 of the ITAA97.
An individual, trust or complying superannuation entity or a life insurance company that holds their Unit as a complying superannuation/FHSA asset may be able to claim the benefit of the CGT discount.
The CGT treatment for the Colorado Shares acquired upon exercise of the Colorado Option will then be as outlined in section 8.2 above.
The CGT discount would not be available in respect of any such gain.
More Definitions of CGT
CGT means the normal tax attributable to the inclusion of a taxable capital gain in taxable income under section 26A;
CGT means Capital Gains Tax which is the tax you pay on any capital gains.
CGT means Capital Gains Tax in the UK;
CGT. Means the capital gains tax as provided in Republic Act No. 8424 or the National Internal Revenue Code of 1997, as amended.
CGT means capital gains tax payable by a taxpayer on a taxable capital gain arising from the disposal of assets determined under the Eighth Schedule;
CGT means all Taxes required to be withheld under the Applicable Laws of Korea (or any national, provincial, district or local subdivisions or agencies thereof) and applicable income tax treaties with respect to the Seller’s capital gains in respect of the sale of the Shares hereunder;
CGT means capital gains tax as determined under the Income Tax Assessment Act 1997 (Cth).