Canada to share embassies with Great Britain

[The Brain]

What are capital gains tax rates like in Quebec?

It has yet to come up.

[viper37]

What are capital gains tax rates like in Quebec?

50% for now, 75% soon.

[Valmy]

This is an amazingly ignorant quote. There's not many ex-colonies out there where the masses regard Britain badly because of the empire. Britain tends to have pretty good relations with most commonwealth countries.

Yeah I was like...um the Bahamas and Jamaica and company actually have great relations with Britain.

[Valmy]

50% for now, 75% soon.

Holy crap.

[Neil]

And almost all of the money they take in via taxes goes to organized crime.

[DGuller]

What are capital gains tax rates like in Quebec?

It has yet to come up.

[MadImmortalMan]

If Quebec secedes, I rather doubt they'll be buying much of anything.

They might wind up like the Newfies. Go broke and have Canada buy them back. 

[HVC]

50% for now, 75% soon.

Holy crap.

it's not 50%, 50% is taxable.

[viper37]

And almost all of the money they take in via taxes goes to organized crime.

Actually, Ontario is the most corrupt province in Canada, according to the RCMP.  Strangely enough, no Canadian media is reporting this on their frontpage... must be a minor oversight.

[HVC]

And almost all of the money they take in via taxes goes to organized crime.

Actually, Ontario is the most corrupt province in Canada, according to the RCMP.  Strangely enough, no Canadian media is reporting this on their frontpage... must be a minor oversight.

our politicians, our construction industry, our financial industry? be more precise

[viper37]

50% for now, 75% soon.

Holy crap.

50% of it is taxable, soon, 75% of it will be taxable.
Tax rates:
http://www.revenuquebec.ca/en/citoyen/impots/rens_comp/taux.aspx
Two new tax levels will be added, possibly retroactively to January 1st: 28% for 130 000$ - 250 000$ and then 32% for all above.

+ the Federal part:
http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html

GST+PST = 14,975%, 15% by 2014, but we expect the PQ to raise the taxes one more point to compensante for their spending spree and the destruction of our economy.

+ various wage taxes we have to pay: unemployment insurance, public pension funds (RRQ for Quebec), parental leave insurance, health tax (employer only), work accident insurance (employer only) and non unionized workers tax (employer only).

[viper37]

our politicians, our construction industry, our financial industry? be more precise

http://www.ottawacitizen.com/news/Ontario+detective+says+Mafia+groups+operate+light+among/7272824/story.html

[HVC]

Quebec also does their provincial tax weird. They tax it on top of the GST (federal tax). so Most civilized province taxed (PST+GST) X Cost, but Quebec does it ((GSTXCost)+cost) X PST.

Trying every little trick to get more cash

[HVC]

link won't load for me

[Grey Fox]

Quebec also does their provincial tax weird. They tax it on top of the GST (federal tax). so Most civilized province taxed (PST+GST) X Cost, but Quebec does it ((GSTXCost)+cost) X PST.

Trying every little trick to get more cash

It's getting Harmonized in the near future too, the deal is done, HST will be around 19.5%.