Canada defers implementation of changes in capital gains tax rule to January 2026
ReutersJan 31, 2025 3:41 PM
OTTAWA, Jan 31 (Reuters) - Canada's government on Friday announced that it would defer the implementation of the controversial changes in the capital gains tax to January next year.
The government was earlier expected to start collecting the tax June 25 last year, but the measure could not pass parliament due to a logjam last year and suspension of house proceedings this year.
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