CRA Considers Capital Gains Hike
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capital gains taxationtorontosun
•Confusion reigns over proposed capital gains inclusion rate hike
63% Informative
Reports suggest the Canada Revenue Agency may move ahead with the proposed changes.
The proposed increase from the current 50% rate to the 66% proposed in the 2024 budget may still apply.
The new 66% capital gains inclusion rate was to take effect June 25 , but no bill was ever introduced into parliament.
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