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Does anyone have a summary of capital gains tax exemptions, particularly those associated with personal amounts, or those associated with investments (stocks in my case) in Cdn small and medium businesses?

Thanks,

Doug
 

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Does anyone have a summary of capital gains tax exemptions, particularly those associated with personal amounts, or those associated with investments (stocks in my case) in Cdn small and medium businesses?

Thanks,

Doug
No, but it sounds like a good idea. You're stuck with reading T4037 for now. Maybe you could make a summary and sell it?
 

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Main points are:
- up to 750k tax free on qualifying small business shares
- needs to be 50+% active assets in 2 years prior to sale
- 90+% active assets at time of sale.
- Purchaser needs to be arm's length, which given the 90% active rule, is a dumb restriction.
 
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