Capital gains lifetime exemption

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Sign In Join Now Menu. The basic requirements are: Your recommend you speak with an accountant or lawyer. As you can see, the LCGE rules are fairly complicated.

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Understanding the lifetime capital gains exemption in Canada
top.bankruptcytoday.org � finance � taxation � capital-gains-tax-for-business. Capital gains from the disposal of active assets may be disregarded up to a lifetime limit of $, per individual, or CGT concession. You may be eligible for the small business year exemption if you make a capital gain on an asset within 2 years of a person's death, if that.