Meet with PWL Capital: https://calendly.com/d/cpwsjypznp

The Canadian government has recently proposed significant changes to how capital gains are taxed, but how will this impact Canadians? In this episode, we delve into the proposed capital gains tax changes and their impact on financial planning. We unpack the definition of capital gains tax and the complexity of the proposed changes. Explore the historical trends of capital gains tax rates in Canada, how capital gains tax works, and who will be impacted by the proposed changes. We discuss the intricacies of the alternative minimum tax (AMT), its relevance to capital gains tax, and whether the old or new AMT rules apply to the upcoming changes. Gain insights into tax considerations for longterm investment strategies, the importance of tax diversification in mitigating risk, lifetime capital gains exemption, tax planning ramifications, and more! Although this episode is Canadianfocused, it offers many useful takeaways for nonCanadians as well. To gain a comprehensive understanding of the complexities surrounding capital gains tax and strategies to navigate the proposed changes effectively, tune in now!

Timestamps:

0:00:00 Intro
0:03:48 Main Topic: Planning for an Increasing Capital Gains Tax
0:51:26 Aftershow

Links From Today’s Episode:

Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/t...
podcast/id1426530582.
Rational Reminder Website — https://rationalreminder.ca/
Rational Reminder on Instagram —   / rationalreminder  
Rational Reminder on X —   / rationalremind  
Rational Reminder on YouTube —    / channel  
Rational Reminder Email — [email protected]
Benjamin Felix — https://www.pwlcapital.com/author/ben...
Benjamin on X —   / benjaminwfelix  
Benjamin on LinkedIn —   / benjaminwfelix  
Cameron Passmore — https://www.pwlcapital.com/profile/ca...
Cameron on X —   / cameronpassmore  
Cameron on LinkedIn —   / cameronpassmore  
Mark McGrath on LinkedIn —   / markmcgrathcfp  
Mark McGrath on X —   / markmcgrathcfp  
Capital Gains Calculator — https://researchtools.pwlcapital.com...
Episode 224 — https://rationalreminder.ca/podcast/224
Episode 284 — https://rationalreminder.ca/podcast/284
Episode 299 — https://rationalreminder.ca/podcast/299
Episode 302 — https://rationalreminder.ca/podcast/302
Canadian Medical Association — https://www.cma.ca/
The Money Scope Podcast — https://moneyscope.ca/
The Most Important Lessons in Investing —    • The Most Important Lessons in Investing  
Dan Solin — https://danielsolin.com/
Compensation Strategies for Canadian Business Owners — https://www.pwlcapital.com/
compensationstrategiesforcanadianbusinessowners2/

Books From Today’s Episode:

The Wealthy Barber — https://www.amazon.com/WealthyBarber...
dp/0761513116