What is another word for CGT?
Pronunciation: [sˌiːd͡ʒˌiːtˈiː] (IPA) 
CGT (capital gains tax) is a tax levied on the profit earned from selling an asset such as property, stocks, or bonds. There are a number of synonyms for this term. One commonly used term is "capital gains levy." Other terms include "asset sale tax," "profit tax," and "capital earnings tax." Some people may refer to this tax simply as "capital tax" or "gain tax." While the specific term used may vary, the basic concept remains the same: a tax on profits earned from the sale of certain assets. It is important for individuals and businesses to understand these synonyms when discussing the implications of capital gains tax.
