Tax that you pay when making a profit from selling a house is an example of: Property Tax Sales Tax Capital Gains Tax Income Tax
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Hello there!
The answer to your question is capital gains tax.
Capital gains tax is a tax a person should pay after selling a capital asset; property such as a house.
Property tax is tax an owner of a property (e.g. house) pays to the government every year.
Tax sales is conducted when a property owner does not pay his/her taxes so the government put his/her property on sale/auction.
Income tax is tax you pay to the goverment as a percentage to your salary.
I hope this will help you!
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