Capital gains tax, CRA

Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway
When Parliament was prorogued, all bills and motions that had not yet received royal assent were essentially killed. So why is the Canada Revenue Agency charging higher capital gains taxes that were never formally adopted by Parliament?
Capital gains tax proposals weren't passed before prorogation but CRA to administer anyway
Despite the current prorogation, the finance department says the CRA will issue taxpayer forms in accordance with the proposed capital gains rules by January 31. The department says the CRA will stop administering the policy if Parliament resumes and the government signals it will no longer proceed with the proposed changes.
CRA to collect increased capital gains taxes despite proposed hike not being passed into law
The Canada Revenue Agency expects Canadians to adhere to a proposed capital gains tax increase – despite the fact the measure may never be passed into law.
Finance confirms CRA will administer capital gains tax changes
Whether Parliament is prorogued or dissolved, the agency generally continues to administer proposed legislation
Here’s how capital gains tax changes will work after Parliament prorogued
When Prime Minister Justin Trudeau announced his pending resignation and prorogued Parliament, planned changes to how capital gains will be taxed were left in limbo.
Capital gains tax changes should ‘never see the light of day’: C.D. Howe
A new report from the C.D. Howe Institute says the proposed increase in the capital gains tax rate would impact people and companies more broadly than the government estimates and argues it should be scrapped amid political uncertainty.
Canada to continue collecting capital gains tax despite parliament suspension, finance ministry says
Prime Minister Justin Trudeau's government will continue to collect a modified capital gains tax, the finance ministry said on Tuesday, after the proposed measure was thrown into limbo when Trudeau suspended parliament.
CRA to continue with capital tax changes despite prorogation: finance department
The federal government says the Canada Revenue Agency will continue to administer the capital gains tax, even though it hasn’t passed in Parliament, which is prorogued until March 24.
What happens to the capital gains tax hike now that Parliament is prorogued?
The fate of the capital gains tax is up in the air after Prime Minister Justin Trudeau's decision to resign and prorogue Parliament.
What the death of capital gains tax legislation means for B.C. businesses
For companies, the capital gains tax change was that the inclusion rate for capital gains would be 66 per cent starting with the first dollar. Before June 25, companies were only required to pay tax on 50 per cent of each dollar in capital gains.
Canada to Enforce Capital-Gains Tax Increase Without Implementing Legislation
OTTAWA--To the ire of business groups, Canadian authorities intend to collect proceeds based on a higher capital-gains tax even though the Liberal government failed to pass implementing legislation before outgoing Prime Minister Justin Trudeau dissolved parliament.
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With Parliament prorogued, what happens to the capital gains tax changes and charitable donations extension?
When the Prime Minister asked for Parliament to be prorogued earlier this week, he effectively killed a lot of legislation.
Uncertainty around capital-gains tax clouds fiscal outlook for Ottawa, provinces
If the tax changes never become law, the CRA will likely need to refund affected taxpayers, resulting in lower federal and ...