capital gains in ltd company

My question is: Canadian-specific

QUESTION: I have an 8 suite apartment building held inside a limited company, I would like to sell it and buy another apartment.  Can you tell me how much I would pay in capital gains tax?  The amount of the gain is $1.5 million.  I am assuming that the percentage paid for a limited company is different from an individual? Thank you so much!   ---------------------------------------------------------------------------

david ingram replies:

Assuming that the property in in

British Columbia, the Corporation tax should be about $256,000

Manitoba         $273,000

New Brunswick   $263000

Nova Scotia      $286,000

Saskatchewan   $273,000

Newfoundland   271,000

North West Territories   $254,000

Every province is different as you can see. �

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