What is the minimum taxable capital gain


Question: D sold capital property in the current year for net proceeds of $900,000. The property has an adjusted cost base of $400,000. B received $100,000 at the time of the sale and a note for the balance to be paid in equal annual installments over the following eight years. What is the minimum taxable capital gain to be reported in the current year?

 

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Taxation: What is the minimum taxable capital gain
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