As part of your year end-tax planning, please consider the following:
Did you know that when you sell securities or mutual fund units – even to donate the proceeds to charity – a significant portion will be subject to tax? This reduces the impact of your gift because 50 percent of your investments’ appreciated value (the capital gain) is taxable.
When you transfer ownership of your shares to Ostomy Canada Society Inc. through Canada Helps no capital gains tax is paid. Because Canada Helps liquidates donor transferred shares, stock, bonds, mutual funds, or securities, the full value of your investment goes to supporting individuals with ostomies and their families – at a reduced net cost to your and / or your estate.
Just follow the procedures documented on the following website: