New Capital Gains Tax 2024 Cra. If you are considering a tax motivated transaction, it would be good to complete them by the end of the 2023. Capital gains realized by individual taxpayers on or after june 25, 2024 will only be subject to the increased inclusion rate on the portion of those gains that exceed.

The federal government’s 2024 budget includes significant new spending on projects and programs — and it’s relying on revenue from a change to the capital gains. This inclusion rate change comes into effect on june 25, 2024.