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by bryanlarsen
4 days ago
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Canada already has that exemption on the first CAD 1.25M capital gain, assuming that Shopify qualifies as a Canadian business by staying >50% Canadian for at least 2 years. But like pretty much everywhere, Canada does not tax unrealized gains. At least they don't have the silly loop-hole that the US does of the step-up in basis on death. |
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