Capital Gains Archives - Andersen in Canada

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Report de l’augmentation du taux d’inclusion des gains en capital au 1er janvier 2026

Danny Guerin 02/10/2025

Le 31 janvier 2025, le ministre des Finances du Canada, l’honorable Dominic LeBlanc, a annoncé le report, au 1er janvier 2026, de l’augmentation du taux d’inclusion des gains en capital qui devait s’appliqué originalement le 25 juin 2024. Cette augmentation fera passer le taux d’inclusion ...

Capital Gain Reversal: Much Ado About Nothing

Andersen 02/02/2025

On Friday, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government is deferring—from June 25, 2024 to January 1, 2026—the date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually ...

U.S. Citizens Resident in Canada – Capital Gains Tax Rate

Steven Flynn, CPA, CA, CPA (Washington) 01/06/2025

What should be a straightforward answer gets complicated by recent events in Canadian Parliament and a recent US Tax Court Case. Current Law A U.S. citizen resident in Canada is subject to both U.S. federal income tax and Canadian on their worldwide income. In 2023, ...

Increase in Canadian Capital Gains Tax – Cross-Border Tax Impact

Andersen 04/18/2024

On April 16th, the Canadian federal government introduced proposals to increase the capital gains tax rate. Effective June 25, 2024, the federal and provincial capital gains tax rate increases approximately 10% from an average of 25% to an average of 35%. Corporations and Trusts see this rate ...

Blog Alert: Taxes for U.S. Citizens Resident in Canada

Andersen 02/27/2023

Taxation Based on Citizenship U.S. citizens resident in Canada are taxable on their worldwide income in both countries. The real question is which country gets to tax it first, which country gives a credit for the other country’s tax and what happens when both countries ...

Capital Gains Tax in Canada and U.S.: Tax 101

Léa Duval 07/13/2022

Our July 12, 2022 webinar, Capital Gains Tax in Canada and U.S.: Tax 101, is now available for viewing. Warren Dueck and Catherine Shen-Weafer review Canadian and U.S. tax issues that can arise from Capital Gain on property, investment and other assets. Topics on the agenda Next ...

Webinar Alert. Capital Gains Tax in Canada and U.S.: Tax 101

Léa Duval 06/22/2022

Join Warren Dueck and Catherine Shen-Weafer for a review of Canadian and U.S. tax issues that can arise from Capital Gain on property, investment and other assets. Topics on the Agenda When Tuesday, July 12, 2022, 9:00-10:00 AM Pacific Time (U.S. and Canada) Who Should Attend ...

Important tax update – Intergenerational transfers

Léa Duval 09/10/2021

Prepared by Andersen in Canada, Montreal Partner Patrick Coutu, Tax Director Danny Guérin and Tax Manager Omar Yassine. The tax community has been asking the Canadian government for several years for legislative changes to address the fact that it is currently impossible for Canadians to ...

Understanding capital gains tax in Canada with Jonathan Garbutt

Jonathan Garbutt talks capital gains taxes in Canada with Shiraz Ahmed on The Quarantine Broadcast

Andersen 07/12/2021

On June 25, 2021, Andersen Canada Principal Jonathan Garbutt joined Shiraz Ahmed as a guest on The Quarantine Broadcast produced by Sartorial Wealth of Raymond James Ltd. Jonathan spoke with Shiraz about how capital gains taxes work in Canada and was asked to comment on ...

US Tax vs. Canadian Tax

Andersen 12/03/2012

There are many similarities between the U.S. and Canada, but there are some significant distinctions between U.S. and Canadian tax law especially for U.S. citizens resident in Canada, including permanent residents of the US (“green-card” holders). For the unwary those distinctions may result in substantial ...

The member firms of Andersen in Canada focus on Canadian, international and Canada-U.S. cross-border tax matters. With offices across Canada, our tax professionals work with a broad range of businesses and individual clients to develop innovative tax solutions for a diverse range of issues. Our senior leaders and many of our professional staff have extensive experience in Canadian, international, U.S. and cross-border tax matters with major international accounting firms, as well as practical experience working with businesses and individuals.

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