Learn about capital gains and how they are taxed. Saving tax on capital gains earned by individuals, corporations, partnerships and trusts are covered. Avoiding tax with registered investments, tax-free gifts, sales of a principal residence and the capital gains exemption is explained with lots of examples.

Features

This comprehensive webinar on the taxation of capital gains includes:

• Saving income tax with the capital gains reserve, TFSAs, RRSPs and the First Home Savings Account (FHSA)
• Saving tax with the principal residence exemption and the capital gains exemption
• Planning to ensure your shares are qualified small business corporation (QSBC) shares
• Important definitions such as capital property, disposition, adventure or concern in the nature of trade, personal use property and property flipper
• The taxation of foreign currency transactions, non-monetary transactions, gifts, and dispositions by non-residents (section 116 certificates)
• The tax on split income (TOSI) and the taxation of capital gains earned by CCPCs, partnerships and trusts