Capital gain

Filed Under: Taxation

An increase in the money value of a capital asset, such as a share, bond, parcel of land, antique, or other asset, which results in a profit if the asset is sold. For example, if a share is bought at $26 and sold at $30, there is a capital gain of $4. The taxable capital gain is three-quarters of this amount, or $3.

Scroll to Top