Best Accounting and Tax Firm Mississauga

Author name: paul.walia@asafinancial.ca

Unlocking Growth: Understanding Lifetime Capital Gains Exemption (LCGE) in Canada

Introduction In the Canadian Tax landscape, the “Lifetime Capital Gains Exemption (LCGE)” stands out as a powerful tool for entrepreneurs and investors who put a great deal of effort into investing, growing and sustaining their businesses. This provision offers an Eligible individual an opportunity to shield a significant portion of capital gains from taxation when …

Unlocking Growth: Understanding Lifetime Capital Gains Exemption (LCGE) in Canada Read More »

accountants greater Toronto area

Taxation on Sale of Real Estate by Non-Residents

Selling real estate in Canada as a non-resident can be a bit more complicated than selling property as a resident. Here’s what non-residents need to know about selling real estate in Canada. Capital Gains Tax Non-residents who sell Canadian real estate are generally subject to Canadian capital gains tax. The capital gains tax is calculated …

Taxation on Sale of Real Estate by Non-Residents Read More »

Scroll to Top