What is the equivalent of capital gains tax for a company?

The equivalent of capital gains tax for a company is referred to as chargeable gains. When a company disposes of an asset and realizes a gain, this gain is classified as chargeable gain for the purposes of taxation. Chargeable gains are the profits made from selling an asset that has increased in value since it was acquired.

When calculating chargeable gains, the company considers the difference between the sale price of the asset and its original cost, along with any allowable deductions. This framework allows for an organized approach to assessing the tax liabilities related to asset disposals, particularly in alignment with the overall corporate tax obligations.

The other options, while related to financial aspects of a company, do not represent the correct equivalent to capital gains tax. For instance, net gains tax is not a recognized term in official tax language, while dividend tax pertains to distributions made to shareholders rather than gains on asset sales. Operational gain tax is not an established term in the context of corporate taxation, focusing instead on operational profits rather than capital transactions.