However, other tax changes are going ahead as planned. The 2024 federal budget included a proposal to increase the capital gains inclusion rate in Canada ... a cottage property) to take advantage ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the capital gains inclusion rate for gains realized on or after June 25, 2024, of ...

Since Canada has a tiered tax system, you will have to do ... According to the CRA, a property is exempt from capital gains tax if your situation meets these four criteria: “It is a housing ...

Selling high-performing stocks or a cottage property can reap significant ... Let’s look at how capital gains tax works in Canada and strategies to avoid paying more taxes than you need to ...

or 20% (with indexation), plus surcharge and cess There are no changes to the taxation of long-term capital gains (LTCG) derived from residential property in the new Income Tax Bill 2025.

Anemic economic growth. Stagnant wages. Lagging business investment. What’s the Liberal government’s answer to all of this?

Charitable donations. The deadline for making donations for the 2024 tax year was extended to Feb. 28, 2025, given the ...

If you are a home owner or real estate investor, it’s important to understand how capital gains tax works on property before you sell. Depending on your circumstances, the Australian Taxation ...

The Liberal government's changes to the capital gains tax are now being challenged in ... asked for Parliament to be prorogued. But the Canada Revenue Agency (CRA) is still using the higher ...

Last year, she and her husband, Willem, sold a property that included ... "The undemocratic capital gains tax hike will blow a huge hole in Canada's economy and punishes people saving for their ...

While the sale of primary residences would remain exempt from capital gains taxes, Canadian families selling a secondary property like ... But the Canada Revenue Agency had said it would follow ...