Capital Gain/ GrowthCapital gain is a rise in the value of an asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes. If you’re interested in learning more about Capital Gains Tax, check out this explainer from the ATO.
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