228k views
1 vote
Tax that you pay when making a profit from selling a house is an example of

User Ttmarek
by
8.7k points

1 Answer

5 votes
The tax you pay when making a profit from selling a house is an example of Capital Gains Tax because you are selling it for more than what you paid for it. Capital Gains Tax is defined as a tax on a profit from the sale of property or a investment. 
User Wilhelm Murdoch
by
8.3k points

No related questions found