by Denis Bugeja | May 1, 2024 | Accountants, blog, Buy Sell, corporate, Family, financial advice, financial planning, incorporated professionals, individuals, Investment, tax
One change proposed in the April 16, 2024 Federal Budget is raising the inclusion rate on capital gains from 50% to 66.7%. For individual taxpayers, the initial $250,000 of capital gains remains taxed at the 50% inclusion rate. However, for corporations and trusts,...