The correct answer: $25,000 Your answer: $25,000 Solution: A taxable capital gain is calculated as: capital gain x capital gains inclusion rate. The current capital gains inclusion rate is 50%. Samantha realized a capital gain of $50,000 when she sold her cottage. So, her taxable capital gain is $25,000, calculated as (capital gain x capital gains inclusion rate) or ($50,000 x 50%). 16 Bill disposed of two capital properties this year. On the first property, Bill realized a capital gain of $300,000; on the second property, Bill realized a capital loss of $200,000. Assuming Bill has no further dispositions, what net capital gain must he report for the year