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nika2105 [10]
3 years ago
9

What is the difference between a capital gains tax and an income tax?

Business
1 answer:
Luda [366]3 years ago
4 0

Answer:

C. One is assessed on the profit made from selling an asset; the

other is assessed on earnings from work or investments.

Explanation:

The capital gains tax occurs only if as a result of the sale of an asset there is a profit that is exceptional and differ from the primarily economic activity of the person that made the sell.

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