Canadian Securities Course (CSC) Practice Exam · Question
In Canada, what percentage of a capital gain is generally included in a taxpayer's income for tax purposes?
As per Canadian tax law, only 50% of a capital gain is included in a taxpayer's income for tax purposes. This is known as the capital gains inclusion rate.
Start free practice for Canadian Securities Course (CSC) Practice Exam
335 questions · no signup required · 40 free questions per day
Question: In Canada, what percentage of a capital gain is generally included in a taxpayer's income for tax purposes?
Answer options:
- 25% ✅ 50%
- 75%
- 100%
Correct answer: 50%
Explanation: As per Canadian tax law, only 50% of a capital gain is included in a taxpayer's income for tax purposes. This is known as the capital gains inclusion rate.
Start free practice for Canadian Securities Course (CSC) Practice Exam
335 questions · no signup required · 40 free questions per day
More about Canadian Securities Course (CSC) Practice Exam
More for Canadian Securities Course (CSC) Practice Exam candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Canadian Securities Course (CSC) Practice Exam Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.