IRD Issues Clarification Regarding Capital Gain Tax

Jun 01, 2023 09:47 AM Merolagani



The Inland Revenue Department (IRD) has issued a clarification regarding capital gain tax (CGT).

Issuing a notice on May 31, the IRD clarifies that no change has been made in the provision that states the final tax for a stock investor is the 5 percent or 7.5 percent CGT paid for a gain as per the existing law.




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