Progressive capital gain

Progressive capital gain – this term is used in the sphere of Tax Law in some jurisdictions, where it details directly chargeable tax being a percentage of the profit that has been acquired during the taxable year. As long as the amount of profit increases, the percentage of the progressive capital gain increases also. The goal is – these who make bigger profit, to pay more taxes, and these who make smaller profit – to reduce the taxation burden on their business and to grow faster.

Posted in: P