TaxBreaks
TaxBreaks
Moodys Tax Law LLP
Episode 025 – Residential Property Flipping Proposal
22 minutes Posted Oct 12, 2022 at 3:34 pm.
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Show notes

In this latest podcast episode, Kenneth Keung and Kim G C Moody describe the April 7, 2022, Canadian Federal Budget proposal that will introduce a new “Residential Property Flipping” income tax rule. Kenneth and Kim discuss the history and context behind the principal residence exemption, what the new proposals state, proposed exceptions to the new rule and whether or not this new rule is necessary. Happy listening!