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Receive 100% Tax Receipt From Donated Stocks
Looking for new ways to reduce your overall tax burden? Consider donating securities to the Canadian Anesthesia Research Foundation (CARF). The rules have changed to
offer greater incentive to donate.
The May 2006 Federal Budget states that when publicly traded securities, which have appreciated in value since acquisition, are donated to a charity, the capital gain resulting from the sale of the donated stock is no longer subject to any taxation.
The donor receives a charitable donation receipt for 100% of the value of the donated stock.