What is the capital gains exemption deduction ?
![What is the capital gains exemption deduction ? What is the capital gains exemption deduction ?](https://www.tanocpa.com/wp-content/uploads/2024/02/capital-gain-calculation-clinton-tano-professional-corporation-ottawa-640x350.jpg)
The capital gains exemption deduction refers to a tax benefit available to individuals who realize capital gains on the disposition of certain types of assets. The capital gains exemption allows individuals to exclude a portion of their capital gains from taxation, reducing or eliminating the tax payable on those gains. Here are the key points […]