Canada Capital Gains Tax Changes 2024 Calculator. — in budget 2024, the federal government announced changes to capital gains taxation to make canada’s tax system fairer. As of june 25, 2024, the capital gains inclusion rate changed from 50% to 66.67% for corporations and trusts, as well as for individuals with capital gains of more than $250,000.
This is an easy way to see the increase in tax (if any) from 2023 to 2024 re capital gains. Use the canada capital gains calculator below for a quick assessment, or read on below for more details on the taxation of capital gains in canada.
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