CherryBlossomDance
Fri Mar 29 2024
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6 answers
1646
What is the 100 000 capital gains exemption in Canada?
Could you please explain the concept of the 100,000 capital gains exemption in Canada? I've heard about it but am not entirely clear on how it works. Is it a tax break for investors who make a certain amount of profit from selling assets? And what kinds of assets are included? I'm considering investing in cryptocurrencies and want to make sure I understand all the tax implications. Thank you for your help!
