The lifetime capital gains exemption lets you shelter up to $1.25M when selling a Canadian business. Who qualifies, the two 24-month tests, and the traps.
Capital Gains Exemption When You Sell a Business in Canada Read More »
How crypto is taxed in Canada: when a disposition happens, the CRA test for business income vs capital gains, and how to calculate the gain. With examples.
Capital Gains Tax on Crypto in Canada Read More »
How capital loss carryforward works in Canada: carry a net capital loss back 3 years or forward indefinitely, but only against capital gains. With examples.
How Capital Loss Carryforward Works in Canada Read More »
Capital gains tax on selling a cottage in Canada: why you can only shelter one property, how to choose which, and the designation that can cost $40,000.
Capital Gains Tax on Selling a Cottage in Canada Read More »
How to calculate adjusted cost base in Canada: the averaging rule for identical shares, reinvested distributions, return of capital, and a worked example.
How to Calculate Adjusted Cost Base (ACB) in Canada Read More »
Tax Guide · Capital Losses The Superficial Loss Rule in Canada: How the 30-Day Rule Works Selling a losing investment to claim the capital loss, then buying it back a few days later, is one of the oldest ideas in tax planning. Canada shut it down decades ago with the superficial loss rule. If you
The Superficial Loss Rule in Canada: How the 30-Day Rule Works Read More »
