charitable donation
Loopholes Tagged "charitable donation"
Plain-English guides to Canadian legal rights and workarounds related to charitable donation.
Final Return Donation Carryback β Use Estate Donations on the Deceasedβs Last Tax Return
Charitable gifts made by the estate can often be claimed on the deceasedβs final return or the prior-year return, which can unlock a much better tax result than using them later.
Donate Securities Directly to Charity β Eliminate Capital Gains Tax and Get the Full Donation Credit
Donating publicly traded securities (stocks, ETFs, mutual funds) directly to a registered charity eliminates capital gains tax entirely on the donated shares, while still generating a donation receipt for the full fair market value.