Capital Gains Tax in Canada: Key Information
June 25, 2024 Amendments
Effective June 25, 2024, amendments to the Income Tax Act will impact how capital gains are taxed in Canada.
Calculating Capital Gains and Losses
To accurately calculate any capital gain or loss, three critical pieces of information are required:
- Inclusion rate
- Adjusted cost base (ACB)
- Proceeds of disposition
Annual Capital Gains Tax Calculator
For ease of calculation, the Perch capital gains tax calculator automates the process, providing a straightforward method to determine the tax owed on capital gains.
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