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Taxes

Short-term capital gains

Capital gain is the profit gained from selling assets that have been owned for a short period. This gain is subject to taxation and is an important concept in finance. It is calculated by subtracting the cost of the asset from its selling price. For example, if you bought a stock for $100 and sold it for $150, the capital gain would be $50. This is a crucial concept to understand in order to make informed investment decisions.
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