President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...

After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the ...

Capital gains and losses are taxed differently from income like wages, interest, rents, or royalties, which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season).

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

Finance Minister Nirmala Sitharaman proposed alterations to the capital gains tax structure, elevating the short-term capital ...

The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.

The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.

Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...

The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...

If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...