单词 | tax-free return |
释义 | tax-free return This represents a giant tax-free return of capital to shareholders. Times, Sunday Times Because homeowners do not pay capital gains tax on their main residence, they have the prospect of a tax-free return merely by buying the biggest house they can afford. Times, Sunday Times This gives a tax-free return of 4.7% - equivalent to a gross rate of 7.83% for higher rate taxpayers and 5.86% for those paying the basic rate. Times, Sunday Times Your shares can then be redeemed and a tax-free return of that paid-up capital can be made to you. Globe and Mail That means savers enjoyed tax-free returns of about 7.4bn over the following 12 months. Times, Sunday Times |
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