The release of a new, updated tax form doesn’t generally make headline news, but this week’s publication of the Canada Revenue Agency’s (CRA) 2024 Schedule 3, Capital Gains or Losses has more than a ...

But, on January 6, Parliament was prorogued, and the capital gains legislation officially died on the order paper. And, on January 31, the day the new Schedule 3 was originally supposed to be released ...

The CRA said trusts would have to disclose the gains information to beneficiaries “in prescribed form,” but didn’t provide further details. Keung said the CRA may adapt the 2024 T3 Statement of Trust ...

In many cases, realizing — or harvesting — capital gains on assets in CCPCs before June 25 and using tax-efficient capital dividends to reduce personal taxes owing in future years may be a favourable ...

If it has a capital gain from when you bought it, it has to be declared as such on your tax return. If there is a capital loss, it cannot be deemed as a realized capital loss (to offset against ...

The proposal, introduced in the 2024 federal budget, was set to increase the capital gains inclusion rate to 66.7 per cent from 50 per cent as of June 25, 2024, with individuals and some trusts ...

When a company is acquired, like the one you owned, capital gains may or may not be triggered. When a publicly traded company is “taken private” and all outstanding shares are purchased, this ...

That explains the concerns over Canada’s introduction of complex proposals earlier this year to increase the capital gains inclusion rate effective June 25, 2024. But for those who continue to ...

Investors seeking capital gains must be comfortable with risk and have a long-term perspective to ride out market fluctuations. Investing for Dividends vs. Investing for Capital Gains ...

Q. My question is regarding stock capital gains, specifically in a joint account with my wife at TD Waterhouse. We had a capital gain of $30,000 this year in our non-registered account. At 50% ...