Blog

Higher Taxes All Around, More Tax Planning Opportunities All Around

Before the 2024 Federal Budget, all capital gains, earned personally or in a corporation taxed the same – 50 percent inclusion rate.  Post 2024 Federal Budget, all capital gains earned in a corporation taxed at an inclusion rate of 66.67 percent.  Capital gains earned personally is taxed at 50 percent inclusion rate for the first $250K and then increases to

Read More

Corporate Investments – Post 2024 Budget

Capital gain planning for Canadian private corporations and their shareholders has become a more taxing math exercise post 2024 federal budget. There is plenty to consider given that capital gains earned in a corporation will have an inclusion rate of 66.67 percent versus the 50 percent inclusion rate for individuals. However, at the personal level, only the first $250K of

Read More

Real Estate Gains and Canadian Income Tax – A Brief Analysis

A Brief Analysis of Real Estate Gains & Canadian Income Tax Recently there has been a lot of media attention focused on financial gains being made in Vancouver’s housing market and the favorable tax treatment given to real estate used as a principal residence through the Canadian Income Tax Act. Without getting into the technical details of this tax treatment and

Read More