What is the capital gains exemption? Canadians who own small businesses (Canadian-controlled private corporations), including farming and fishing businesses in some cases, are entitled to a capital gains exemption (in…
Wealth Management Solutions for Business Owners Lifetime Capital Gains Exemption Effective for 2014, the Lifetime Capital Gains Exemption (LCGE) is increased to $800,000. Qualification for the Exemption The capital gains…