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20 December, 16:14

Which taxes applies to the increase in value of an investment or other personal property?

a) Excise Tax

b) Estate Tax

c) Social Security Tax

d) Capital gains Tax

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Answers (1)
  1. 20 December, 16:26
    0
    D.

    Capital gains refers to the difference between the purchase price and selling price of a financial instrument such as stocks, and the government often places taxes on them, calling it a stamp duty.
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