New Capital Gains Tax Vs. Real Estate Investors
The Canadian Real Estate Investor
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Impact of New Capital Gains Tax on Canadian Real Estate Investors
This chapter explores the implications of the new capital gains tax regulations on real estate investors in Canada, discussing the surge in property values and the potential tax burden faced by property owners. It analyzes how the tax changes affect corporations, trusts, and individual investors, providing examples of financial outcomes and investor behavior. Additionally, it compares the capital gains tax rates in Canada and the U.S., highlighting concerns about wealth building, migration of entrepreneurs, and the broader economic implications.
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