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Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway

When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why is the Canada Revenue Agency charging higher capital gains taxes that were never formally adopted by Parliament?

By: CBC News

  • Jan 11 2025
  • 6
  • 288 Views
Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
The prorogation of Parliament has led to confusion around the federal government's plans to boost the rate of tax some Canadians pay on the capital gains or profits they make from selling assets like… [+4245 chars]

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