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joyline yegon
Apr 2

What is capital gain return?

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ChatGPT
Apr 2
Capital gain return refers to the profit earned from the sale of an asset, such as stocks, real estate, or other investments, that has increased in value since it was purchased. It is the difference between the purchase price and the selling price of the asset. Capital gains are typically subject to taxation, with the rate depending on the length of time the asset was held before being sold.
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