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Capital gain tax is the branch of tax law that relate to the taxation of the increase in the value of an asset.
For example, if an individual sells ome shares that have increased in value from $200,000 to $300,000 the tax would be on the $100,000 increase rather than the $300,000 value of the shares. The theory behind this is that the individual likely paid tax on the $200,000 that went into the investment in the first place, for example, if the $200,000 came from income.
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