Long Term Capital Gains Tax Rate 2024 Canada. The rates are 0%, 15% or 20%, depending on taxable income and filing status. Capital gains tax in canada for individuals will realize 50% of the value of any capital gains.
The budget proposes to increase the capital gains inclusion rate from 1/2 to: On june 10, 2024, the ministry of finance released a notice of ways and means motion (nwmm) to amend the income tax act and income tax regulations to implement the.