Canadian Wants to make a "deductible" charitable
This is a multi-part message in MIME format. ---------------------- multipart/alternative attachment Sent: Monday, October 27, 2003 8:58 PM To: [email protected] Subject: tax deductible receipt:question Hi, I direct a charitable organization in the USA and I have a Canadian friend who will make a donation on the condition that it be in Canadian dollars and that I send him a Canadian receipt. What's a Canadian receipt???? Can he do this legally? Thanks for your attention, please advise. MF XXXXXXXXX ===================================== david ingram replies: A Canadian may make a charitable donation in US or Canadian Dollars to his or her US Alma Mater from any source of money and Canada will honor the contribution. Other than that, he or she may only make a "Canadian" deductible contribution with US source Money. Therefore, to give you a donation of say, $1,500, he or she would have had to have $2,000 of US dividends, wages, interest, royalties or Capital Gains. A solution would be for him to make a donation to his local Canadian Charity with the suggestion that the Canadian charity make a donation to your organization. This is a common method of getting money to charitable pursuits in other countries. david ingram - [email protected] 4466 Prospect Road North Vancouver, BC, CANADA, V7R 3L7 (604) 980-3578 - (604) 913-9123 www.centa.com , www.david-ingram.com Cell is (604) 657-8451 (10 AM to 10 PM seven days a week) US/Canada Real Estate Taxation Specialists US / CANADA / MEXICO Working Visa and Income Tax Specialists Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist in connection with personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be included." Be ALERT, the world needs more "lerts" This from "ask an income tax and immigration expert" from www.centa.com or www.jurock.com or www.featureweb.com. David Ingram deals on a daily basis with expatriate tax returns with: multi jurisdictional cross and trans border expatriate problems for the United States, Canada, Mexico, Great Britain, the United Kingdom, Kuwait, Dubai, Saudi Arabia, Thailand, Indonesia, Japan, China, New Zealand, France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin Islands, US, UK, GB, and any of the 43 states with state tax returns, etc. --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.532 / Virus Database: 326 - Release Date: 10/27/03 ---------------------- multipart/alternative attachment An HTML attachment was scrubbed... URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/4881bf62/attachment.htm ---------------------- multipart/alternative attachment--
What's Related