3 ms·
And if your small business (of at least 2 years) is acquired, you get to keep the first $800k entirely tax-free [0]. Wage labour is truly for suckers in Canada
by aianus 7y ago
And if your small business (of at least 2 years) is acquired, you get to keep the first $800k entirely tax-free [0].
Wage labour is truly for suckers in Canada.
[0] https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-254-capital-gains-deduction/which-gains-eligible.html https://www.canada.ca/en/revenue-agency/services/tax/individ...