This is the last home they expect to own. Talking to a professional tax advisor will help determine the capitol gains hit.

Ordinary income is taxed up to 37%, while capital gain ranges from 0% to 23.8%. Apart from lower tax rates, capital gain can ...

A net gain of $590k on a home sale will put at least some of the money up to potentially be taxed, regardless of your circumstances. But in many cases, you won’t have to pay taxes on that full amount.

It’s unclear how much the tax break would cost, though the Conservative Leader in his video that the ‘government will still ...

Campaigning in the GTA Sunday, Pierre Poilievre proposed a tax cut to boost Canadian investment, counter U.S. tariffs and strengthen the economy ahead of the April 28 election.

Conservative Party Leader Pierre Poilievre is promising to scrap capital gains taxes if the proceeds from an asset sale are reinvested in Canada.

The Conservative leader ended week one of the election campaign by returning to North York, while the NDP’s Jagmeet Singh hit up British Columbia and Liberal Leader Mark Carney had a quiet weekend in ...

Inherited properties come with tax implications. Here are some tips for those who have inherited property to reduce their ...

The fiscal watchdog has downgraded its forecast for capital gains tax revenues, leaving chancellor Rachel Reeves with £23 ...

The Chancellor’s decision to raise capital gains tax will leave a £23bn hole in the public purse, the budget watchdog has warned.