Ontario Tax Sale Property Forum

Tax Sale Forum => General => Topic started by: nimai on April 08, 2006, 01:41:39 AM

Title: Capital Gains Tax
Post by: nimai on April 08, 2006, 01:41:39 AM

Hi There,

This is my second post. Can anyone explain Capital Gains Tax? What is the rate? How is calculated? How can I avoid paying it?

Nimai

Title: Re: Capital Gains Tax
Post by: Rob on April 08, 2006, 04:18:15 PM

Capital gains tax Is 50% of any profit on capital.  How do you offset these losses?  Sell stock that has losted value.  Sell a home that has lost value (good luck in this housing environment).