CAPITAL GAIN TAX
ASSET SUBJECT TO CAPITAL GAIN TAX(CGT) IN ACCORDANCE WITH CGT ACT
- All qualifying asset inluding purchased debt
- Include foreign currency
CGT rate is 10%
FORMAT
SALE PROCEED A
LESS COST AQUISITION B
LESS ALLOWABLE EXPENSES C
CGT=10%*(A-B-C)
FOR MORE ABOUT CGT
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