Mr. Doug Hart, who lives in Ontario, is contemplating moving to Switzerland. He came to you to

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Mr. Doug Hart, who lives in Ontario, is contemplating moving to Switzerland. He came to you to discuss the tax consequences of disposing of his residences, as indicated below, in April 2012. He is single and ordinarily inhabits each of the residences for several months each year. He has never used his principal residence exemption since purchasing these properties.The following information relates to the proposed 2012 dispositions.
Mr. Doug Hart, who lives in Ontario, is contemplating moving

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Compute the minimum amount of taxable capital gains that Mr. Hart will have to report in 2012.

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Introduction To Federal Income Taxation In Canada

ISBN: 9781554965021

33rd Edition

Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett

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