Groups urge feds to launch a formal review of the Income Tax Act
Top earners in four jurisdictions may face a higher tax rate on capital gains than on eligible dividends
Two sectors made 53% of all corporate capital gains in Canada between 2018 and 2022, data shows
Many businesses remain shut out of tax break on increased capital gains inclusion rate
Clients with significant capital gains in 2024 face uncertain tax exposure
A look at the status of major tax proposals from the Trudeau government
Trusts must disclose pre- and post-June 25 gains or face negative tax consequences
Funds can choose the option more favourable to fund holders — though detailed calculation comes with challenges
Advisors should speak to clients annually about crystallization
Clients may be able to use the $250,000 threshold over multiple years
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