Welcome to Sartorial Wealth! Today, we’re covering the halted canada capital gains tax changes proposed in the 2024 budget. The inclusion rate increase to 66.7% has been paused following Prime Minister Trudeau’s resignation and Parliament’s prorogation.
Stay tuned for insights on what this means for investors and future tax policies. Don’t forget to like, subscribe, and hit the bell for updates!
Website: www.sartorialwealth.com
Facebook: sartorialwealth
Twitter: ?lang=en-ca
LinkedIn: www.linkedin.com/in/shirazahmed-financialadvisor/
Instagram: sartorialwealth
Sources:
1. Prorogation of parliament kills capital gains tax changes | Financial Post
2. www.burnabynow.com/national-business/prorogation-of-parliament-kills-capital-gains-tax-changes-tech-community-fought-10036263
3. www.advisor.ca/tax/tax-news/prorogation-of-parliament-kills-capital-gains-tax-changes/
4. www.canada.ca/en/department-finance/news/2024/06/capital-gains-inclusion-rate.html
5. www.doanegrantthornton.ca/insights/capital-gains-inclusion-rate-change/#:~:text=If%20enacted%2C%20individuals%2C%20trusts%2C,purposes%20(up%20from%2050%25).