paragraph_text: When the United Kingdom of Great Britain came into being on May 1, 1707, the window tax, which had been introduced across England and Wales under the Act of Making Good the Deficiency of the Clipped Money in 1696, continued. It had been designed to impose tax relative to the prosperity of the taxpayer, but without the controversy that then surrounded the idea of income tax. At that time, many people opposed income tax on principle because they believed that the disclosure of personal income represented an unacceptable governmental intrusion into private matters, and a potential threat to personal liberty. In fact the first permanent British income tax was not introduced until 1842, and the issue remained intensely controversial well into the 20th century.

paragraph_text: Currently, only 50% of realized capital gains are taxable in Canada at an individual's tax rate. Some exceptions apply, such as selling one's primary residence which may be exempt from taxation. Capital gains made by investments in a Tax - Free Savings Account (TFSA) are not taxed.

paragraph_text: Mumbai is India's largest city (by population) and is the financial and commercial capital of the country as it generates 6.16% of the total GDP. It serves as an economic hub of India, contributing 10% of factory employment, 25% of industrial output, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India's foreign trade and ₹4,000 crore (US $610 million) in corporate taxes. Along with the rest of India, Mumbai has witnessed an economic boom since the liberalisation of 1991, the finance boom in the mid-nineties and the IT, export, services and outsourcing boom in the 2000s. Although Mumbai had prominently figured as the hub of economic activity of India in the 1990s, the Mumbai Metropolitan Region is presently witnessing a reduction in its contribution to India's GDP.

paragraph_text: 25 North Colonnade is a commercial building in Canary Wharf, London formerly occupied by the Financial Conduct Authority, after having been solely occupied by its predecessor, the Financial Services Authority (FSA) until early 2013. It is tall, with 15 floors. Built in 1991, its developer was the Canary Wharf Group, and its architect was Troughton McAslan.

paragraph_text: Channon observes that one of the primary drivers to the introduction of CGT in the UK was the rapid growth in property values post World War II. This led to property developers deliberately leaving office blocks empty so that a rental income could not be established and greater capital gains made. The capital gains tax system was therefore introduced by chancellor James Callaghan in 1965

paragraph_text: Finland was the first country in the 1990s to introduce a CO tax, initially with few exemptions for specific fuels or sectors. Since then, however, energy taxation has been changed many times and substantially. These changes were related to the opening of the Nordic electricity market. Other Nordic countries exempted energy - intensive industries, and Finnish industries felt disadvantaged by this. Finland did place a border tax on imported electricity, but this was found to be out of line with EU single market legislation. Changes were then made to the carbon tax to partially exclude energy - intensive firms. This had the effect of increasing the costs of reducing CO emissions (p. 16).

paragraph_text: Tax (25%) – International tax planning and compliance with local tax laws, customs, human resource consulting, legal services and transfer pricing

paragraph_text: Since re-establishing independence, Estonia has styled itself as the gateway between East and West and aggressively pursued economic reform and integration with the West. Estonia's market reforms put it among the economic leaders in the former COMECON area.[citation needed] In 1994, based on the economic theories of Milton Friedman, Estonia became one of the first countries to adopt a flat tax, with a uniform rate of 26% regardless of personal income. In January 2005, the personal income tax rate was reduced to 24%. Another reduction to 23% followed in January 2006. The income tax rate was decreased to 21% by January 2008. The Government of Estonia finalised the design of Estonian euro coins in late 2004, and adopted the euro as the country's currency on 1 January 2011, later than planned due to continued high inflation. A Land Value Tax is levied which is used to fund local municipalities. It is a state level tax, however 100% of the revenue is used to fund Local Councils. The rate is set by the Local Council within the limits of 0.1–2.5%. It is one of the most important sources of funding for municipalities. The Land Value Tax is levied on the value of the land only with improvements and buildings not considered. Very few exemptions are considered on the land value tax and even public institutions are subject to the tax. The tax has contributed to a high rate (~90%) of owner-occupied residences within Estonia, compared to a rate of 67.4% in the United States.

paragraph_text: Originally introduced as a classical tax system, in which companies were subject to tax on their profits and companies' shareholders were also liable to income tax on the dividends that they received, the first major amendment to corporation tax saw it move to a dividend imputation system in 1973, under which an individual receiving a dividend became entitled to an income tax credit representing the corporation tax already paid by the company paying the dividend. The classical system was reintroduced in 1999, with the abolition of advance corporation tax and of repayable dividend tax credits. Another change saw the single main rate of tax split into three. Tax competition between jurisdictions reduced the main corporate tax rate from 28% in 2008 - 2010 to a flat rate of 20% as of April 2015.

paragraph_text: Although cricket was introduced to India by European merchant sailors in the 18th century, and the first cricket club was established in Calcutta in 1792, India's national cricket team did not play its first Test match until 25 June 1932 at Lord's, becoming the sixth team to be granted Test cricket status. In its first fifty years of international cricket, India was one of the weaker teams, winning only 35 of the first 196 Test matches it played. From 1932 India had to wait until 1952, almost 20 years for its first Test victory. The team, however, gained strength in the 1970s with the emergence of players such as batsmen Sunil Gavaskar and Gundappa Viswanath, all - rounder Kapil Dev and the Indian spin quartet of Erapalli Prasanna, Srinivas Venkataraghavan, Bhagwat Chandrasekhar and Bishen Singh Bedi.

paragraph_text: Although cricket was introduced to India by European merchant sailors in the 18th century, and the first cricket club was established in Calcutta (currently known as Kolkata) in 1792, India's national cricket team did not play its first Test match until 25 June 1932 at Lord's, becoming the sixth team to be granted Test cricket status. In its first fifty years of international cricket, India was one of the weaker teams, winning only 35 of the first 196 Test matches it played. From 1932 India had to wait until 1952, almost 20 years for its first Test victory. The team, however, gained strength in the 1970s with the emergence of players such as batsmen Sunil Gavaskar and Gundappa Viswanath, all - rounder Kapil Dev and the Indian spin quartet of Erapalli Prasanna, Srinivas Venkataraghavan, Bhagwat Chandrasekhar and Bishen Singh Bedi.

paragraph_text: Jo Maso (born 27 December 1944) is a former French rugby union and rugby league footballer. He played centre and fly-half for the France national rugby union team, gaining 25 caps. He was inducted into the International Rugby Hall of Fame in 2003. He is now the manager for the French national team.

paragraph_text: Challenge 21 and Challenge 25 are part of a scheme in the United Kingdom, introduced by the British Beer and Pub Association (BBPA), with the intention of preventing young people gaining access to age restricted products including cigarettes and alcoholic beverages. Under the scheme, customers attempting to buy age - restricted products are asked to prove their age if in the retailer's opinion they look under 21 or 25, even though the minimum age to buy alcohol and cigarettes in the UK is 18.

paragraph_text: The tax was introduced by the Howard Government and commenced on 1 July 2000, replacing the previous federal wholesale sales tax system and designed to phase out a number of various State and Territory Government taxes, duties and levies such as banking taxes and stamp duty.

paragraph_text: The 1959 International Cross Country Championships was held in Lisbon, Portugal, at the National Stadium on March 21, 1959. Morocco entered a team for the first time after gaining independence. A report on the event was given in the Glasgow Herald.

paragraph_text: Martin Wheatley is a British financier, formerly managing director of the Consumer and Markets Business Unit of the Financial Services Authority in the UK, and is the former CEO of the Financial Conduct Authority.

paragraph_text: The Great Depression began in the United States of America and quickly spread worldwide. It had severe effects in countries both rich and poor. Personal income, consumption, industrial output, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%.

paragraph_text: Production on the film began on April 22, 2013, in North Carolina, and concluded in May 2013. The film was partially financed by $1,193,150 (approximately 25% of the film's costs) in film production tax credits allocated by the State of North Carolina's Department of Revenue.

paragraph_text: In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains. The tax rate depends on both the investor's tax bracket and the amount of time the investment was held. Short - term capital gains are taxed at the investor's ordinary income tax rate and are defined as investments held for a year or less before being sold. Long - term capital gains, on dispositions of assets held for more than one year, are taxed at a lower rate.

paragraph_text: The Employer Identification Number (EIN), also known as the Federal Employer Identification Number (FEIN) or the Federal Tax Identification Number, is a unique nine - digit number assigned by the Internal Revenue Service (IRS) to business entities operating in the United States for the purposes of identification. When the number is used for identification rather than employment tax reporting, it is usually referred to as a Taxpayer Identification Number (TIN), and when used for the purposes of reporting employment taxes, it is usually referred to as an EIN. These numbers are used for tax administration and must be not used for any other purpose. For example, the EIN should not be used in tax lien auction or sales, lotteries, etc.

Question: When was capital gains tax introduced in the country where the team that uses 25 North Colonnade is based?
Answer: 1965