Term:
Taxes on capital gains
Definition:
Taxes on capital gains consist of taxes on the capital gains (described as holding gains in the System of National Accounts terminology) of persons or corporations which become due for payment during the current accounting period, irrespective of the periods over which the gains have accrued.
Domain:
Economics & National Accounts
Source:
SNA 8.52 [OECD 1120, 1220]