canada: Tax Rollover in Canada - A Favourable breack for the investor
- 02/08/07 05:58 AM
Tax Rollover - a favourable break for the InvestorOzzie JurockMarch 30, 2006....And More Could Join With Rollover Tax Measure The newly elected Canadian government's election platform called for the elimination of capital gains tax for individuals who reinvest profits earned from selling real estate or financial investments within six months. The move would apply to physical and financial assets, potentially benefiting people who sell stocks and bonds, or properties such as cottages and family businesses. Currently, Canadians who have financial assets or property other than a principal residence must pay tax on the capital gains resulting from the sale of a … (0 comments)
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