2024 Federal Budget - Planning for the Proposed Increase to the Capital Gains Inclusion Rate

April 25, 2024 | Charles W. Cullen III


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The recently released federal budget proposes to increase the capital gains inclusion rate to 66.67% from 50%.  This change is scheduled to come into effect on June 25th, 2024.  Although there are still lots of unanswered questions, there are already some potential planning strategies that you may want to consider before the deadline.  As always, please reach out to discuss how this may impact you. 

 

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