The Ins and Outs of Capital Gains Tax for Investors

The Ins and Outs of Capital Gains Tax for Investors

Capital gains occur when an investor sells an asset. To calculate capital gains, the total of the adjusted cost base (ACB) is subtracted from the proceeds of the sale. The adjusted cost base of the shares is equal to the cost of the shares plus… Read More

Who pays capital gain tax?

Who pays capital gain tax?

Look no further if you want to discover who pays capital gain tax (and if it includes you)

Who pays capital gain tax? Investors who sell a stock outside of an RRSP or RRIF pay capital gains tax if they’ve made a profit on the… Read More

3 ways to cut your capital gains taxes

3 ways to cut your capital gains taxes

Cutting your taxes through capital gains is a very smart financial planning strategy.

Did you know that Canadian capital gains taxes are actually taxed at a much lower rate than interest? This is a huge advantage to investors and can substantially… Read More

Offshore investing risks can easily outweigh the rewards

Offshore investing may seem like an attractive option to lower your taxes, but you need to be aware of the risks.

There are various ways of structuring your business affairs using offshore investing companies or trusts that can cut or defer your taxes. You… Read More