New Capital Gains Tax 2024 Canada

New Capital Gains Tax 2024 Canada. What does this mean for investors and taxpayers? For individuals with a capital gain of more than $250,000, 66.67% of that gain is taxable.

The new rate applies to net capital gains exceeding $250,000. On june 24, 2024, significant changes to the capital gains rules in canada will be implemented, impacting both individuals and corporations.