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

Tax shelters in Canada: 3 choices you need to know about

Tax shelters in Canada: 3 choices you need to know about

Tax shelters in Canada that can help you save money when you use them correctly
Tax shelters in Canada aim to reduce or eliminate your tax liability.

Tax shelters are legal investment vehicles that let investors pay less tax. Some are risky and should be avoided, like… 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

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