What is Capital Gains Tax and who needs to pay it?
Australia Explained
English - September 19, 2023 01:08 - 10 minutes - 9.8 MBNews Government Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Capital Gains Tax (CGT) is an important tax liability added to your taxable income for the financial year. It is not a separate tax. Read more to understand what it is and how the Australian Taxation Office (ATO) enforces it.