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.
Click here for a copy of our donor shares transfer form
For more information please contact:
Celia CamposDevelopment Officer, Planned GivingDirect: 604-757-6068 Office: 604-638-GIFT (4438)firstname.lastname@example.org
As Canada Revenue Agency changes their rules from time to time please contact Celia Campos 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.