Donate Securities to PFLAG Canada
Do you own publicly traded securites such as shares or stock options? Have they appreciated in value over time? Are you worried about the tax you'll have to pay on capital gains when you dispose of them? Would you like to support a great cause?
Changes to Canadian tax law effective May 1, 2006, make it even more attractive to donate publicly traded securities than to donate cash. Gifts of securities made after this date have a capital gain inclusion rate of 0%. In other words, none of the capital gains are included in the donor's taxable income.
And of course, by donating publicly traded securities to PFLAG Canada, you'll get a donation receipt for the fair market value of the securities at the time they're transferred to PFLAG Canada.
The 0% capital gain inclusion rate applies if you donate:
Want to know more? Contact PFLAG Canada's Executive Director.