Questions? Call 416-367-4222

Capital Gains Exemption only on Sale of Shares, Not Assets

When negotiating the sale of a business it is important to remember that the capital gains exemption from Canadian income tax is only available on the sale of shares, not on the sale of assets.

Disclaimer:

"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

Get your CRA tax issue solved


Address: Rotfleisch & Samulovitch P.C.
2822 Danforth Avenue Toronto, Ontario M4C 1M1

Capital Gains Exemption only on Sale of Shares, Not Assets
Lifetime Capital Gains Exemption & Qualified Small Business Corporation Shares
Capital Gains
Canadian Tax Planning via the Lifetime Capital Gains Exemption (LCGE)
Crystallizing the Lifetime Capital Gains Exemption – A Toronto Tax Lawyer Analysis
Family Trusts For Small Business Tax Planning
Sale of Small Business Shares
Ontario Nominee Exemption – Ontario Non-Resident Speculation Tax – Toronto Tax Lawyer Guide
Daniel Laplante v The Queen – Canadian Tax Lawyer’s Analysis and Comments
Small Business Capital Gains Exemption