New Capital Gains Tax Vs. Real Estate Investors
The Canadian Real Estate Investor
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Evolution of Capital Gains Tax in Canada
This chapter explores the history and evolution of capital gains tax in Canada, detailing the inclusion rates from 1972 to proposed changes for 2024, with comparisons to the US and UK. Discussions include changes in tax regulations for corporations, trusts, and individuals, emphasizing the impact on high-income earners. The introduction of a new capital gains tax by the government and its projected revenue generation of 19.3 billion dollars are also analyzed.
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