Long Term Capital Gains Tax Rate 2024 Canada. On june 10, 2024, the ministry of finance announced amendments to the income tax act to increase the capital gains inclusion rate effective june 25, 2024. For the three months ending september 30, 2024, the fund gained 5.30%, trailing the 8.09% advance of the benchmark msci all country.
In budget 2024, the federal government announced changes to capital gains taxation to make canadaโs tax system fairer. Effective june 25th, 2024, amendments to the income tax act will change how capital gains are taxed in canada.
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