1 Ralf owns 1 000 shares of ABC company. He paid $7.50 per share, and decides to sell them now when they are trading at $12.50 per share. If his marginal tax rate is 20% what is his payable capital gains tax?

2 Han Sahn decides to withdraw $10 000 from her RRSP. The $10 000 consists of $5 000 capital investment and $5 000 of capital gains. If her marginal tax rate is 25% what is her tax obligation on this withdrawal?

3 Phonsie experiences a capital loss of $20 000 in 2019, and then a capital gain of $40 000 in 2021. If his marginal tax rate is 40% what is his tax obligation if he uses his capital loss provision fully ?

4 Atiba sells his personal house for $800 000. He paid $450 000 for the house 3 years ago. His marginal tax rate is 40%. How much is his tax obligation on the sale of his house?