Capital gains tax rates are a major point of discussion ahead of Budget 2025. Recent trends show mixed market reactions to ...
Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...
A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the ...
The Canadian Taxpayer’s Federation has filed an application for a judicial review of the Liberal government’s changes to the ...
These powerful strategies, from timing your sales during low-income years to leveraging qualified opportunity zones, can defer capital gains taxes on your real estate investments.
Investors can sigh relief for the 2024 tax year. Despite the capital gains inclusion rate being changed as of June 25, 2024, it has since been delayed until 2026 by the Department of Finance Canada.
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).
“Some of the key demands for the rationalization of capital gains tax include lowering tax rates on long-term capital gains, revising the thresholds for LTCG tax, enhancing indexation ...
while the tax has been present for over 100 years, according to an accounting of its history by consulting firm Wolters Kluwer, the maximum rate has varied widely. The initial U.S. capital gains ...
Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will be subject to a long-term capital gains ...
When the inclusion rate increase was first proposed, then-president Joe Biden was proposing an increase to the U.S. capital gains tax rate. Conservative Leader Pierre Poilievre recently said that ...