Which topic addresses the calculation of taxable capital gains?

The calculation of taxable capital gains is specifically addressed in the section on capital gains tax. This section outlines the principles and calculations involved in determining the amount of capital gains that are subject to taxation, including how to identify and measure gains from the sale or disposal of assets. Understanding this section is crucial for individuals who engage in transactions involving capital assets, such as stocks or real estate, as it provides the necessary guidelines on how to report these gains on tax returns.

In contrast, the other sections focus on different aspects of taxation. The section on income tax obligations deals with the broader aspects of income taxation rather than the specific nuances of capital gains. The section on deductions outlines various allowable deductions that can reduce taxable income but does not address capital gains directly. The section on tax offsets discusses credits or reductions in tax liability but similarly does not cover capital gains tax calculations.