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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Capital Gains TYRANNY: CRA Will COLLECT Taxes With NEW
View:
Post by ztransforms173 on Jan 09, 2025 10:30am

Capital Gains TYRANNY: CRA Will COLLECT Taxes With NEW

- INCLUSION RATES, even though as is LIKEY; there will be a NO CONFIDENCE VOTE in LATE MARCH 2024 and the TRUDEAU/SINGH minority government WILL FALL with NO PASSAGE of the NEW CAPITAL GAINS LEGISLATION

- the NEW CAPITAL GAINS INCLUSION RATES will BE APPLIED to the 2024 TAX YEAR when FILING the  2024 TAX RETURNS with the AMOUNT DUE by April 30, 2025

- afterwards, DEPENDING on the OUTCOME of the FEDERAL ELECTIONS:

CPC MAJORITY {likely VICTORY ?}:

* the 
Notice of Ways and Means Motion will be CANCELLED and ALL the  EXCESS Capital Gains TAXES will be REIMBURSED by the CRA

New Liberal/NDP MINORITY {highly unlikely ?):

- new Capital Gains LEGISLATION is PASSED & ENFORCED

LPC MAJORITY (almost ZERO chance ?): 


- new Capital Gains LEGISLATION is PASSED & ENFORCED

- we are a VERY COLD BANANA REPUBLIC

z173
Comment by ztransforms173 on Jan 09, 2025 10:34am
better now: - INCLUSION RATES, even though as is LIKEY; there will be a NO CONFIDENCE VOTE in LATE MARCH 2025 and the TRUDEAU/SINGH minority government WILL FALL with NO PASSAGE of the NEW CAPITAL GAINS LEGISLATION z173