As the CRA previously posted on its website, the agency will issue forms to file the proposed capital gains tax changes by Jan. 31, 2025, and arrears interest and penalty relief will be provided to ...

The 2025 tax season is well underway, but the Canada Revenue Agency doesn’t want Canadians who earned capital gains last year to file their returns – just yet.. The CRA said in a news release ...

A legal challenge to the Canada Revenue Agency’s (CRA) administration of the proposed capital gains tax changes continues even though the Finance Department has deferred the proposed hike in the ...

Well, notwithstanding that the Canada Revenue Agency (CRA) has said it will not require the filing of DST returns or enforce ...

For example, mutual fund trusts and exchange-traded funds reporting a 2024 capital disposition have been given until May 1 to file 2024 T3 returns and T3 tax slips without incurring late-filing ...

A possible mismatch in tax filing deadlines because of the administration of capital gains and losses this tax season may complicate returns for some couples. The Canada Revenue Agency (CRA) is ...

Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway. When Parliament was prorogued, ... Canada's capital gains tax increase comes into effect on June 25.

In September, a second NWMM was tabled in the house, containing revised draft legislation. The house never voted to adopt it. Despite this, in November the CRA announced that while the capital gains ...

A legal challenge to the Canada Revenue Agency’s (CRA) administration of the proposed capital gains tax changes continues even though the Finance Department has deferred the proposed hike in the ...

Put simply, capital gains tax is the levy that you pay on that gain to the Canada Revenue Agency (CRA). You add a percentage of your capital gain to your income for the year, and the amount you ...

The 2025 tax season is well underway, but the Canada Revenue Agency doesn’t want Canadians who earned capital gains last year to file their returns – just yet. The CRA said in a news release ...