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To encourage individuals to increase their charitable giving, there is a tax incentive for those individuals who wish to donate publicly traded securities (traded on a prescribed stock exchange). These securities would include stocks, rights, mutual funds, interests in related segregated funds, or bonds donated to charitable organizations and public foundations (such as the William Osler Heath Centre) Effective May 2 2006, the capital gains triggered upon the disposition of the donated securities has been eliminated. The elimination of the capital gain results in lower income taxes.
How can I donate to the William Osler Health Centre?
Form T1170 is required for reporting purposes.
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