Alberta Grains voices concerns with the Capital Gains Inclusion Rate Changes – Call to Action for Farmers!
Changes to the capital gains inclusion rate that will see incorporated farms pay an increased 67 per cent on realized capital gains, compared to the previous 50 per cent are set to take effect June 25, 2024. Grain Growers of Canada (GGC) projects this will cost grain farmers across Canada an average of 30% more in taxes. We encourage farmers to participate in the GGC campaign to Protect Family Farms to share your concerns with politicians.
Read Alberta Grains' press release here.
Read GGC's press release here.
Share your concerns today