How much is capital gains tax in Canada?—and other reader questions answered
06-05-2024 21:25 via moneysense.ca

How much is capital gains tax in Canada?—and other reader questions answered

The 2024 federal budget proposed changes to how capital gains are taxed for Canadians. Certain taxpayers will now be subject to a two-thirds inclusion rate instead of one-half on part or all of their capital gains. The capital gains inclusion rate refers to how much of a capital gain is included in your income for tax purposes. Since 2000, only one-half of a capital gain has been taxable. In that year, the inclusion rate decreased twice from three-quarters to two-thirds to one-half. Wh
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