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Old 04-19-2024, 02:55 PM   #11944
Ashartus
First Line Centre
 
Join Date: Mar 2007
Location: Calgary
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Quote:
Originally Posted by guzzy View Post
If the company you hold shares in, is a private Canadian company, you will qualify for capital gains exemption which is currently at $1,016,836. Anything above that you will pay capital gains tax on.
That is good then. If things go well enough that my capital gain is greater than that then I can afford to pay a bit of tax on the excess
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