https://sites.google.com/view/australiantax/blog/capital-gains-tax-expla ined

The tax season is on the edge and often we have heard about the term capital gains tax. The question now is, what exactly is Capital tax? It means to the tax on the gap between the asset's purchase price and its sale price in layman's terms. CGT is computed as component of federal income tax rather than as a separate tax. Let us not waste any more time in comprehending the complete notion of capital tax.