In the right circumstances, a gift of private company shares may be a good option for a donor shareholder who wishes to make a significant gift to a charity in a tax-efficient manner.
Gifts of private company shares do not benefit from the same tax rules that gifts of publicly listed securities do, with the result that the gift will trigger capital gains tax.
There are also a number of different sets of tax rules which must be navigated, and commercial risks that must be assessed and mitigated, by both the donor and the charity.
This presentation will review the mechanics, tax rules, benefits and risks of this type of gift.
-Panel of Presenters-
Director of Gift Planning - Abundance Canada
Florence Carey - FI Carey Law Corporation
Lawyer specializing in Charities and Not-For-Profits
Brian Janzen, Senior Manager at Deloitte
No Charge for Estate Planning Council of Canada Members
Guests are welcome - this event is for Professional Advisors only.
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