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).
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
The over 130,000 Canadian farmers and ranchers represented by the Canadian Canola Growers Association, Canadian Cattle ...
Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...
Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...
Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital ...
The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...
The tax hike would impact a small portion (0.13%) of the wealthy population. According to the government, the inclusion rate ...