the long-term capital gains tax rate for tax year 2024 ranges from 0% to 28%, depending on your filing status, income and asset type, and few people qualify for a rate higher than 15%. For assets ...

Airdrie homeowners and investors may already feel the effects of proposed changes to the capital gains tax. The Canada ...

Long-term capital gains tax refers to realized profits from the sale of securities bought and sold in a period longer than one year. The tax rates on these gains are different. For assets such as ...

In the 2024 federal budget, the Liberals proposed to raise the inclusion rate — the portion subject to tax — on the sale of capital gains to two-thirds from one-half for all corporations and ...

If the asset holding period was a year or less, the gains are short-term and taxed higher at a taxpayer’s ordinary income tax rates, which range from 10% to 37%. The capital gains tax must be ...

The capital gains tax is destructive. By lowering the rewards of risk-taking, which is essential to innovation and a higher standard of living, the tax needlessly hobbles progress. This segment of ...

Also read | Capital gains tax changed, big relief for homeowners: 12.5% LTCG tax or 20% tax with indexation, which will reduce tax outgo? My mother-in-law received a flat free of cost after ...

wrote to the top Republican on the powerful House Ways and Means Committee on Monday urging him to slash the corporate tax rate and eliminate capital gains taxes on inflation. Nearly 40 ...

To file or not to file using the higher capital gains inclusion rate; that is the question this tax-filing season. The 2024 federal budget proposed raising the capital gains inclusion rate to ...