Capital Gains Tax vs Long-Term Capital Gains
Quick comparison to help you distinguish these two crypto terms.
Capital Gains Tax
beginner
fundamentals
A government tax applied to the profit earned when you sell or dispose of an asset, such as cryptocurrency, for more than its original purchase price.
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beginner
fundamentals
Profit earned from selling or disposing of a cryptocurrency held for more than one year, qualifying for preferential lower tax rates compared to short-term gains.
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