Donate Appreciated Securities for Tax Benefits - Toronto - Medicalfoundation

    Medicalfoundation
    Medicalfoundation Toronto

    1 day ago

    Description

    Donating securities can have tax benefits for you while supporting the Canadian Medical Foundation.

    Gift of Securities and Mutual Funds

    • Securities eligible for this preferred tax treatment include prescribed bonds; units of mutual funds; and shares, warrants, bills and futures listed on stock exchanges.

    The donor receives an official charitable tax receipt based on the fair market value of the gift at transfer to the Canadian Medical Foundation. This offsets income taxes due from other income sources.


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