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Please fill out the form below to access our banker language manual.
Please fill out the form below to access our banker language manual.
Please fill out the form below to access our banker language manual.
The federal Budget was presented on April 16, 2024 and among a number of proposed tax changes, included an increase in the capital gains inclusion rate from ½ to 2/3 for corporations, as well as for individuals in respect of any capital gains in excess of $250,000 in a given year. This change is to apply for capital gains realized after June 24, 2024 and will effectively increase the tax rate applicable to capital gains realized by corporations to 33.45% (from the current 25.1%) and to 35.69% for affected individuals (from the current 26.77%). However, in addition to directly increasing the tax rate, this change will have many other indirect implications for taxpayers, as discussed below.
In recent years, the search fund model has gained popularity as an alternative investment strategy, particularly among entrepreneurs and investors seeking opportunities in the world of private equity.