Donating publicly-traded securities can offer a greater tax benefit than if you sold the securities and donated the cash proceeds. Find out the after-tax cost of your donation below.
Calculating the after-tax cost of donating securities
Results
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Donate your
securities in-kind |
vs. |
Sell Your Securities
and Donate Proceeds |
| Amount of your donation: |
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| Subtract your charitable tax credit: |
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| Add tax on the capital gain: |
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| After-tax cost of your donation: |
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| Net Benefit |
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Assumptions:
- You have given at least $200 in charitable donations in the same tax year
- Provincial tax rates vary. So please choose the tax rate the more closely reflects your own personal tax situation.
- You have eligible publicly-traded securities to donate which may include shares, bonds, bills, warrants, futures and units in mutual funds that are traded on Canadian, American and/or major international exchanges
Note:
For more information about charitable tax credits, please visit the Canada Revenue Agency website at www.cra-arc.gc.ca.
The information provided above is for illustration purposes only. Please consult your financial and/or legal advisor for tax-effective giving that is most suitable for you.
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