Ask Question
BusinessBusiness
14 April, 09:12

tax that you pay when making a profit from selling a house in his is an example of property tax income tax capital gains tax or sales tax

+4
Answers (1)
  1. 14 April, 11:45
    0
    tax capital gains

    Explanation:

    the Tax Capital Gains is generated when a real state operation such as the selling of an apartment is done and the seller received more capital/money than the initial price paid for the apartment: e. g.:

    Initial price $200.000

    Selling price $250.000

    Taxed Capital Gains $50.000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “tax that you pay when making a profit from selling a house in his is an example of property tax income tax capital gains tax or sales tax ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Bill is trying to decide what combination of bananas and apples to buy. A banana costs half as much as an apple. If no apples are purchased, he can buy 6 bananas. If no bananas are purchased, he can buy 3 apples.
Answers (1)
Which sources of information would be the most inclusive for an entrepreneur determining information to complete financial statements?
Answers (1)
The main purpose of most tariffs and quotas is to
Answers (1)
When a company "goes public," investors anywhere can buy shares of ownership in the company. is this true or false?
Answers (2)
The development of a nationwide computerized job bank listing all job openings would most likely reduce:
Answers (1)
New Questions in Business
Adam's bank account has a balance of $1213.69 before he starts spending money. He makes the following transactions: Transaction Cost ($) Car payment 260.16 Groceries 97.98 Parking ticket 75.00 DVD box set 115.35 Antique lamp 68.53 Suit 331.
Answers (2)
When is a goodwill impairment loss recognized? a. Annually on a systematic and rational basis. b. Never When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values. c.
Answers (1)
The back of a box of hinode harvest blend rice mix suggests cooking with chicken broth for added flavor. this is an example of
Answers (1)
Market failure occurs when Question 22 options: an unrestrained market economy leads to too few or too many resources going to a specific economic activity. one good is superior to another and drives it out of the market.
Answers (1)
Using accrual accounting, revenues are recorded a. when cash is received at the time services are performed or products have been delivered to customers b.
Answers (1)
Home » Business » tax that you pay when making a profit from selling a house in his is an example of property tax income tax capital gains tax or sales tax
Sign Up Forgot Password?