Business terms and jargon explained. Your business dictionary

What is Chargeable Asset

Is an asset that when sold at a profit (capital gains) will incur tax. Not all assets fall into this category e.g. your home if you live in it for a period of time will not be taxed when sold but your second and third property when sold will be subject to tax.

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Usufruct Residence Tynwald Warrant
Community Acquis Institutional Unit Asset stripper Optimist
Faciendum MoJ Gross interest Chargeable Value
Drop Catch T-account Drill Down Appreciation
Money Supply Franked income Pula Earned income
Intranet OHIM Bells and whistles Book value
London Agreement Fiduciary Ipso facto N285 Civil Court form
Registry Trust Limited Amortisation CCCL Market Prices
Co-operative Objects clause WCO Undercapitalized

Term created / updated 2005-07-16 23:12:15

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