capital gains

Canada

2026-07-09 20:26:13

Canada Revenue Agency Targets $40M in Unpaid Crypto Taxes as Trudeau Proposes Capital Gains Hike to 66%

The Canada Revenue Agency is actively pursuing nearly $40 million in undeclared crypto taxes, with over 400 audits underway. Meanwhile, Prime Minister Trudeau proposes raising capital gains tax to 66% for gains above $183,000 annually.

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Cost Inflatio

2026-07-08 11:34:16

Understanding the Cost Inflation Index: Definition, Formula, and Tax Impact

The Cost Inflation Index helps adjust an asset’s purchase cost for inflation, reducing taxable long-term capital gains in eligible cases. Here’s how it works, how it is calculated, and where it applies.

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Cost Inflatio

2026-07-08 11:32:12

What the Cost Inflation Index Means for Asset Returns and Capital Gains Tax

The Cost Inflation Index helps adjust an asset’s purchase price for inflation, offering a clearer view of real gains and tax liability on long-term capital assets.

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