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Question
The tax which is levied temporarily in order to a complete a project is called _________.
The tax which is levied temporarily in order to a complete a project is called _________.
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Solution
The correct option is C capital tax
A capital gains tax is a tax on the profit realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, bonds, precious metals, real estate, and property. Taxes are levied by governments on their citizens to generate income for undertaking projects to boost the economy of the country and to raise funds.
A capital gains tax is a tax on the profit realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, bonds, precious metals, real estate, and property. Taxes are levied by governments on their citizens to generate income for undertaking projects to boost the economy of the country and to raise funds.
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