Capital Gains Tax

You may experience a capital gain or loss when you dispose of certain property. This disposal may be through a sale or transfer. This type of property for purpose of capital gain or losses can include, but is not limited to:

• Real estate, including land
• Stocks
• Bonds
• Ownership or shares of a privately held company
• Certain trusts.

You will need to complete line 127 and section 3 of your income tax return.

Please refer to publication T4037 to determine if you have a reportable gain or loss:
http://www.cra-arc.gc.ca/E/pub/tg/t4037/t4037-e.html