The Canadian Taxpayer’s Federation has filed an application for a judicial review of the Liberal government’s changes to the ...

Capital gains are the profits you get when you sell an asset. They can be subject to either short-term or long-term tax rates, depending on how long you owned the asset. Many, or all, of the ...

First things first, what are capital gains? The term capital gains refers to the profit realised from the sale of a capital asset, such as equities and equity-related instruments like mutual funds.

Under the new Income Tax Bill, 2025, Clauses 196, 197, 198 will deal with capital gains, and cryptocurrency has now formally ...

Unlock significant tax savings with the Lifetime Capital Gains Exemption (LCGE). Master the conditions, calculations, uses, risks, and planning tips.

The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

Form 6781 has separate sections for straddles and Section 1256 contracts, meaning that investors have ... is classified as a short- or long-term capital gain or loss. What Is the Tax on Section ...