Capital taxation

Capital taxation refers to taxes imposed on the income generated from assets like investments, property, or savings. This includes taxes on profits from selling assets (capital gains), annual taxes on property values (property taxes), or taxes on dividends and interest earned. The goal is to generate revenue for government services and, in some cases, to promote economic fairness by reducing income disparities. These taxes can vary by country and asset type and are a key component of a country's overall tax system, impacting individuals and businesses that hold substantial assets or investments.