-
Unlocking Growth: Understanding Lifetime Capital Gains Exemption (LCGE) in Canada
Introduction In the Canadian Tax landscape, the “Lifetime Capital Gains Exemption (LCGE)” stands out as a powerful tool for entrepreneurs and investors who put a great deal of effort into investing, growing and sustaining their businesses. This provision offers an Eligible individual an opportunity to shield a significant portion of capital gains from taxation when…
-
Benefits of Outsourcing Accounting and Related Functions
There are several reasons why a business may choose to outsource their entire or portions of their accounting and Tax functions
-
Taxation on Sale of Real Estate by Non-Residents
Selling real estate in Canada as a non-resident can be a bit more complicated than selling property as a resident. Here’s what non-residents need to know about selling real estate in Canada. Capital Gains Tax Non-residents who sell Canadian real estate are generally subject to Canadian capital gains tax. The capital gains tax is calculated…