Lifetime Capital Gains Exemption (LCGE)
December 14, 2017 - 0
On January 1st, 2017, the LCGE increased to $835,716 of capital gains realized by an individual on qualified small
business corporation shares. The LCGE has been indexed to inflation for the years following 2014. The new limits apply
to any taxpayer who has claimed the LCGE previously.
For dispositions of qualified farm or fishing property, the LCGE increased to $1,000,000 on April 10, 2015.
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