- Added on December 20 2023
- https://chat.openai.com/g/g-JBA69kF4w-tax-gpt
How to use Tax GPT?
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Step 1 ： Click the open gpts about Tax GPT button above, or the link below.
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Step 2 ： Follow some prompt about Tax GPT words that pop up, and then operate.
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Step 3 ： You can feed some about Tax GPT data to better serve your project.
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Step 4 ： Finally retrieve similar questions and answers based on the provided content.
FAQ from Tax GPT?
Tax GPT is a tax that is imposed on the gains made from the sale or exchange of assets, including real estate, stocks and bonds. It stands for General Purpose Tax and is usually levied by governments to raise revenue for public services and to regulate economic activities. Tax GPT is calculated as a percentage of the capital gain realized by the seller and is subject to various exemptions and deductions.
Tax GPT is calculated by taking the difference between the selling price of the asset and its cost basis, which includes the original purchase price plus any adjustments made for improvements, depreciation or other costs. The resulting capital gain is then multiplied by the applicable tax rate, which varies depending on the type of asset, the length of time it was held and other factors. Tax GPT can be offset by capital losses incurred during the same tax year or carried forward to future years.