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Guarantee – the foundation of 5G Wealth
When planning your financial future or leaving a legacy for your family, there is nothing more reassuring than the word “guarantee.” At 5G Wealth, we prioritize this concept because we believe that financial security should not be left to chance. Let’s explore what...
How Aggregate Passive Investment Income Impacts CCPC Business Owners
Background Canadian-Controlled Private Corporations (CCPCs) benefit from the Small Business Deduction (SBD), which reduces the corporate tax rate on active business income up to $500,000. However, changes in tax regulations which was implemented as part of Canada’s...
Impact of Capital Gains Inclusion Rate Change on Individual Rental Property Investors
Capital Gains Tax Increase: Background, Challenges, and Strategies to Reduce Your Tax Liability Background As of June 25, 2024, Canada announced an increase in the capital gains inclusion rate from 50% to 66.7% for certain taxpayers; however, the change has been...