The recent announcement of the proposed increase to the capital gains inclusion rate has triggered many questions and concerns about the potential impacts of this change.
Our RBC Family Office Services team has prepared a detailed summary of the history and process of the budget implementation bills as well as the effects on individuals, corporations, trusts and estates.
As always, a strong collaboration with our clients' tax and legal advisors helps us deliver a meaningful outcome. Should you require a recommendation to one of our trusted advisors in your area, contact Stephanie at 604.257.3234 or stephanie.woo@rbc.com today.
Click here to download our pdf: 2024 Federal Budget – Proposed capital gains inclusion rate increase