In simple terms, a capital gains tax is a tax imposed on the sale of an asset by an individual or business. However, there ...

When Prime Minister Justin Trudeau announced that he was resigning, and proroguing Parliament to give the Liberal Party time ...

The Canadian Chamber of Commerce is urging the federal government to axe proposed changes to Canada's capital gains tax rules amid uncertainty for filers in the coming tax season.

When Prime Minister Justin Trudeau announced his pending resignation and prorogued Parliament, planned changes to how capital gains will be taxed were left in limbo.

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 ...

The April 16, 2024, budget announcement was followed up by a motion tabled in Parliament on June 10, 2024. On Sept. 23, 2024, ...

Business leaders in B.C. are calling on the new federal finance minister to reverse announced changes to the capital gains tax. Some Canadians have been forced to pay it at a higher rate since the ...

A 12-month holding of a share is considered short-term and taxed at 20%. While a 24-month period is considered long term and ...

Taxpayers are required to report the rental income they receive from a property or land. However, if they have taken a home ...

Finance Minister Nirmala Sitharaman can present the Union Budget 2025 to the country on February 1. For its preparations, the ...

Budget 2025 is likely to prioritise fiscal discipline, minor tax tweaks, and cautious consumption boosts over bold reforms.

Despite mutual funds offering higher long-term returns, PPF attracts three times more investments due to its government ...