19 April 2021

How does Ontario capital gains tax work?

 

How does capital gains tax work in Ontario? If you are going to be buying or selling Real Estate in Ontario frequently, you are going to want to look into how capital gains tax could affect you. In this video local accountant Adam Vander Duim Gives some helpful tips. Need to connect with an accountant? you can contact Adam here.

 

The amount of tax you will have to pay is based on a marginal tax rate, you can find some tips here. 

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