FINANCE

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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