Take full advantage of legislation that makes gifts tax-free. Making a donation of securities instead of cash enables you to take full advantage of legislation that makes gifts tax-free for you. You will receive a tax receipt for the full value of the appreciated securities but will pay no tax on the growth of the securities. The tax receipt can be used to shelter other income by reducing the tax payable on capital gains. A gift of securities is also an effective way to dispose of publically traded securities that have depreciated as well.
For more information please contact Linda Annis on 604-326-1212.
Spinal Cord Injury BC (SCI BC) helps people with spinal cord injury* (SCI) and their families adjust, adapt and thrive by providing answers, information and community experiences.
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