How Do You Spell CAPITAL-GAINS-TAX?

Pronunciation: [kˈapɪtə͡lɡˈe͡ɪnztˈaks] (IPA)

The correct spelling of "capital-gains-tax" is /ˈkæpɪtl geɪnz tæks/. The first syllable "capit-" is from the Latin word "caput" meaning "head" and is pronounced with a short "a" sound. The second syllable "-al" is pronounced with a schwa sound. The word "gains" is pronounced with a long "a" sound and the "-s" at the end is pronounced as a "z". The final syllable "-tax" is pronounced with a short "a" sound followed by a voiceless "ks" sound. So, when writing about capital gains tax, make sure to spell it correctly!

CAPITAL-GAINS-TAX Meaning and Definition

  1. Capital gains tax is a type of tax imposed on the profits realized from the sale or disposal of certain assets, referred to as capital assets. It is a tax levied by the government on the capital gains earned by individuals, businesses, or other entities when they sell an asset at a higher price than its original cost. This tax is primarily applied to assets such as stocks, bonds, real estate properties, precious metals, and collectibles.

    The capital gains tax is based on the difference between the original purchase price of the asset (referred to as the cost basis) and the final selling price. The profit generated from this transaction is known as the capital gain. Typically, the capital gain is subject to taxation at specific rates, which can vary depending on the duration of time the asset was held before being sold. Short-term capital gains, resulting from assets held for less than a year, are generally taxed at higher rates than long-term capital gains, which are derived from the sale of assets held for more than a year.

    The purpose of the capital gains tax is primarily to generate revenue for the government while ensuring equity in the tax system. It seeks to tax the gains made from the appreciation in value of capital assets, ensuring that individuals and entities contribute a portion of their profits to public funds.

Common Misspellings for CAPITAL-GAINS-TAX

  • capitalpgains-tax
  • capital-gainsptax
  • capital0-gains-tax
  • capital-0gains-tax
  • capital-pgains-tax
  • capital-gains0-tax
  • capital-gains-0tax
  • capital-gainsp-tax
  • capital-gains-ptax
  • capital--gains-tax
  • capital-gains--tax
  • capitalmgains-tax
  • capital-gainsmtax
  • capital-gains-taxe
  • capietal-gains-tax

Etymology of CAPITAL-GAINS-TAX

The word "capital-gains-tax" can be divided into three parts: "capital", "gains", and "tax".

1. Capital: The word "capital" originates from the Latin word "capitalis", which means "head" or "principal". In the context of finance and economics, "capital" refers to wealth or assets that are used for investment or business purposes.

2. Gains: The term "gains" comes from the Old French word "gaignier" and ultimately from the Late Latin word "ganare", meaning "to earn" or "to acquire". "Gains" refers to profits or increases in value obtained through investment or economic activities.

3. Tax: The word "tax" traces its roots back to the Latin word "taxare", which means "to assess" or "to appraise".

Infographic

Add the infographic to your website: