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The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain . This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer . Ov…
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The GTA Commercial Real Estate team is aided by an extensive network of hundreds of commercial real estate agents. Each agent is a licensed real estate sales representative with their own geographic and functional specialty. We assemble the right people, knowledge and services to meet the needs of …