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).
Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...
As a starting point for your calculations, you must work out the difference between what you paid for the assets and what you ...
Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital ...
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...
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 ...
The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...