What are capital gains?

132 viewsEconomicsOther

Canadian here and our new budget gets most of it’s new money from a new capital gains tax. Can you explain what they are, and surrounding context? Thanks!

In: Economics

6 Answers

Anonymous 0 Comments

Taxes you pay on the gains of investments. Investment returns are not taxed as income but at a different rate. For some it can be zero.

You are viewing 1 out of 6 answers, click here to view all answers.