A substantial cut in the capital gains tax would make President-elect Trump’s upcoming tax bill very beautiful indeed.
Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short ...
The capital gains tax hike in the last budget raised concerns among investors about the potential for future increases. While ...
Pierre Poilievre, the leader of Canada’s Conservative Party, is promising to eliminate the increase to the capital gains ...
Budget 2025 discussions on LTCG tax focus on possible changes in long-term capital gains exemptions, impacting stock market ...
One economist warned the reversal on capital gains changes would leave a sizeable hole in the budget that would require new revenue sources or significant spending cuts to fill.
Under the new rule, you’ll be taxed on 67 per cent of the net profit (the capital gain) from the sale of your assets.
The prorogation of Parliament has led to confusion around the federal government's plans to boost the rate of tax some Canadians pay on the capital gains — or profits — they make from selling ...
It may be safer to claim cost indexation from the respective year of payment of the home loan interest, and not from the year ...
Or sign-in if you have an account. The Canada Revenue Agency will continue to administer the capital gains tax proposals, ...
The CRA is expected to issue the forms needed to allow taxpayers to file in accordance with the new capital gains rules by the end of the month. Arrears interest and penalty relief, if applicable, ...