Jane acquired a house in 20X1 for $300,000. In 20X3 she acquired a cottage for $150,000. She
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Determine the minimum taxable capital gain to be reported by Jane on the sale of the two properties. Income tax reference: ITA 40(2)(b).
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Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
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