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Are capital gains derived from a disposition of Real Property taxable in Canada?

by Guest805  |  11 years ago

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Are capital gains derived from a disposition of Real Property taxable in Canada?

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  1. Guest806

     The Capital Gains derived from disposition of assets in Canada are part of the gross income of the individual. The disposition of both residential real estate and properties held for business (including rent or lease) are subject to reporting. The 25 per cent non-resident income tax rate will be applied at source.

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