7.Examination of Charitable Donation Incentives
Motion 559 referenced in the 2011 Budget calls for the Standing
Committee on Finance (FINA) to study current
tax incentives for charitable donations
Review changes
to the charitable tax credit amount
Review the
possible extension of the capital gains exemption
to private company shares and real estate when donated to a charitable organization
Consider the
feasibility of implementing these measures
On Sept. 20, 2011, FINA approved a
motion to undertake a comprehensive study of
no less than 12 meetings on the
current tax incentives for charitable donations
with a view to encouraging increased giving
See FINAs website
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