How are capital gains taxed?
Only 50% capital gains are included in income. As a result, the tax you pay on capital gains is only 50% of what you would pay on most other types of income, such as interest or employment income. The first $750,000 of capital gains realized in respect to qualified farm or fishing property or qualified small business corporation shares are tax-free.
Only 50% capital gains are included in income. As a result, the tax you pay on capital gains is only 50% of what you would pay on most other types of income such as interest or employment income. The first $500,000 of capital gains realized in respect of qualified farm property or qualified small business corporation shares are tax free.
Only 50% capital gains are included in income. As a result, the tax you pay on capital gains is only 50% of what you would pay on most other types of income, such as interest or employment income. The first $500,000 of capital gains realized in respect to qualified farm property or qualified small business corporation shares are tax-free.
Only 50% capital gains are included in income. As a result, the tax you pay on capital gains is only 50% of what you would pay on most other types of income, such as interest or employment income. The first $500,000 of capital gains realised in respect to qualified farm property or qualified small business corporation shares are tax-free.
