Tax Incentives for Charitable Donations in Canada with a Focus on the Stretch Tax Credit for Charitable Giving
Resource
Tax Incentives for Charitable Donations in Canada with a Focus on the Stretch Tax Credit for Charitable Giving
Brian Emmett, our Chief Economist, and Harvey Sims, the former Chief Economist, Privy Council Office for the Government of Canada and Ottawa-based consultant, co-authored a discussion paper about the tax incentives for charitable giving in Canada paying particular attention to the proposed Stretch Tax Credit.
This paper gathers and interprets existing evidence about the impact of tax changes on donations and taxes using a simple economic approach. It also summarizes some of the other economic and policy-related implications of changes in tax-treatment of donations that are important for charities to consider.
Released in March 2015.