Capital gains tax change will add ‘financial strain’ on doctors: CMA

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Canadian Medical Association,Capital Gains Tax,Canada

The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.

is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors’ retirement savings.

The proposed changes would increase taxes on those investments, something the association says will add “financial strain” for doctors who do not have a pension to rely on.Business News: Impact of capital gains tax changes The Liberal government has argued that the tax change is about levelling the playing field between those who earn income through capital gains versus employment.

 

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