Ask The Experts.

Autor: QUINLAN, BRIAN J.
Předmět:
Zdroj: Canadian MoneySaver; Sep2022, Vol. 42 Issue 1, p29-29, 1p
Abstrakt: A: The income tax liability will be that of your parents as they will be subject to income tax on the capital gain they incur on selling the cottage. 50% of the capital gain - referred to as the taxable capital gain - is the amount that your parents will pay tax on. If one wishes not to own any stocks, the alternative would be an all-bond portfolio which does not necessarily yield the best returns. [Extracted from the article]
Databáze: Complementary Index