You pay NO Capital Gains Tax on stocks and securities donated to a charity. You will receive a tax receipt for the closing value of the shares on the day they are received into Covenant House's brokerage account. This will result in a tax credit on your income tax return.
For a copy of our donor shares transfer form, please click here (will open a new window).
For more information please contact:
Development Officer, Planned Giving
Mailing Address: 575 Drake Street, Vancouver, BC V6B 4K8
As Canada Revenue Agency changes their rules from time to time please contact Linda Foster to verify the current rules.
Disclaimer: Please note that none of the information on this site constitutes legal or accounting advice. You should always consult your own financial and legal advisors before making a decision.