Donating securities is one of the many ways you can give to United Way. Recent changes to federal tax regulations make this type of giving more beneficial efficient than ever before. By giving securities to United Way, you help build stronger communities - and you receive a significant tax credit.
Under new federal tax changes effective June 2006, you can donate appreciated securities to United Way without paying any capital gains tax. In addition, you receive a tax receipt for the full value of the shares. Previously, donors paid capital gains tax on 25 per cent of the gain. While tax incentives are not the only reason to give to charity, they are an important consideration.
We encourage you to consult with your tax advisor or visit the Canada Revenue Agency at www.cra-arc.gc.ca/tax/charities for more information on maximizing your charitable gift. Canada Revenue Agency publishes official Interpretation Bulletins explaining the regulations of charitable giving; they are available at no cost from any CRA Tax Office.
This information is general in nature and does not constitute legal or financial advice. It is not a substitute for professional advice; United Way encourages you to seek professional legal, estate planning and/or financial advice before deciding upon your course of action.
Your passion, donations and volunteer efforts make United Way’s work possible. To get involved or learn more, contact United Way at 231-6265 or This email address is being protected from spam bots, you need Javascript enabled to view it