The capital gains provisions contained in section 112 of the Income Tax Act, 1961 (“ITA”) permit only resident individuals to ...

When you turn a profit on the sale of assets, such as stocks, bonds, mutual funds or real estate, it’s called a capital gain. It’s generally considered taxable income. In most cases, however, the tax ...

You owe capital gains tax on any realized gain on sale of an asset, though not on unrealized capital gains. Long-term capital gains — for assets held for a year or longer — are taxed at a 0, 15 or 20 ...

Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...

A row of stacked coins with an estate construction site background. Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns.