Capital Gains Tax 2024 Canada . The new rate applies to net capital gains exceeding $250,000. We will take a closer look at the new rates in a moment.
The capital gains tax in canada refers to the tax applied to the profit (or gain) realized from the sale of a capital asset. As of june 25, 2024, however, you will be taxed on 50% of your annual capital gains up to $250,000.
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