Benefits to You – Why Give Flow through Shares
If you own flow through shares, you may want to consider donating these shares directly to CNIB. Similar to securities you may be able to donate flow through shares to charity without incurring Capital gain tax. Combined with the other tax benefits associated with flow through shares, this can be of greater benefit to you than donating cash or even conventional securities.
Is donating a gift of flow through shares to CNIB right for you?
- You have flow through shares that have matured and are outside of the hold period,
- You are concerned about paying capital gains tax, and
- You no longer need the funds from these shares.
Considerations when donating flow through shares
- The shares gifted are matured and are not within the hold period.
- The shares can be publicly traded.
Disclaimer
The giving information on this website is provided for general information purposes only. It is not intended as a substitute for professional advice and assistance from your legal advisor, financial advisor or tax consultant. We recommend that you discuss your plans with your legal advisor and/or financial advisor before proceeding with a securities, mutual fund, or flow through shares gift.




