What defines chattels in the context of capital gains tax?

Chattels are defined as tangible, moveable property, which makes the selected answer accurate in the context of capital gains tax. This category includes items such as furniture, vehicles, and personal belongings that can be physically moved from one location to another.

The understanding of chattels is important for capital gains tax as it clarifies what types of property are subject to taxation when sold or transferred. Since chattels are recognized as personal property, any gain from their sale could potentially be liable for capital gains tax, depending on various factors, such as how long the property has been owned and whether exceptions apply.

The other options do not accurately represent the definition of chattels. Tangible, non-movable property refers to real estate or fixed assets, which are not classified as chattels. Intangible property or rights, such as stocks or patents, fall under a different category and are not considered chattels. Lastly, suggesting that only valuable artworks and antiques qualify overlooks the broader range of moveable items classified as chattels.