America should do away with capital gains tax on home sales. There’s a lot of pent-up housing demand partly because inventory ...
OTTAWA--Former Canadian finance minister Chrystia Freeland, who's vying to be the next leader of the Liberal Party and the country's prime minister, plans to repeal an increase in the capital-gains ...
A Section 1031 "like-kind" exchange may be the answer if you are looking to sell your investment property and avoid costly ...
Please note that the benefit of section 80C is available only under the old tax regime. You can adopt no strategy to save or reduce this tax. Yes, you can set off any short-term loss you may incur ...
A new report from the C.D. Howe Institute says the proposed increase in the capital gains tax rate would impact people and companies more broadly than the government estimates and argues it should be ...
OTTAWA--To the ire of business groups, Canadian authorities intend to collect proceeds based on a higher capital-gains tax even though the Liberal government failed to pass implementing ...
OTTAWA, Jan 7 (Reuters) - Prime Minister Justin Trudeau's government will continue to collect a modified capital gains tax, the finance ministry said on Tuesday, after the proposed measure was ...
While we are in the run-up to the Budget 2025, it is worth recalling that the previous Budget, announced on July 23 last year, overhauled capital gains tax for financial and non-financial assets.
The Canadian Revenue Agency (CRA) should immediately make clear to tax filers whether they need to pay 2024 taxes at rates contained in a bill that has now died without being passed in Parliament ...
An announcement to this effect is likely to be made in the Budget FY26. The mutual fund (MF) industry’s demand for restoration of the indexation benefit when capital gains are computed on the ...