Let’s take a closer look at the tax advantages that can come from donating your securities to charity, vs. selling securities and donating cash to charity.

In the example below, when the securities are donated directly to the charity as a gift in kind, the donor does not realize a taxable capital gain, saving them $800 in tax payable.  The $5000 donation receipt can then be used to off-set other income tax payable.

Have a look below to see how it works!