Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season).
Private investment industry group American Investment Council (AIC) suggested on Friday that U.S. President Donald Trump ...
Capital gains tax is levied on the profit earned from the sale of assets such as stocks, mutual funds, and property.
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
President Donald Trump is once again saying he wants to end a tax perk used by private equity fund managers, a policy feat ...
Finance Minister Nirmala Sitharaman made minor tweaks to the capital gains tax system in Budget 2025, following a major overhaul in the July 2024 Budget. The tax rates and holding periods for ...
If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
The statement from the Department of Finance continued to defend the unresolved tax changes, reiterating that the policy ...
“The deferral of the increase to the capital gains inclusion rate will provide certainty to Canadians, whether they be individuals or business owners, as we quickly approach tax season,” Dominic ...