Donation of Shares
 When shares of a publicly traded company are donated to a charity, they are sold by the
charity and a tax receipt is issued for proceeds from the sale.
There is no capital gains tax due on the transaction
A Portfolio Management Strategy to Consider:
Share donation in lieu of a dollar donation is a good way to eliminate accrued capital gains
exposure on shares in your investment portfolio. It is also good house keeping for your
portfolio.
1. Determine the amount that you want to donate to the charity (in dollars).
2. Donate those shares in your portfolio which have realized the largest capital gains.
and get a tax receipt for their value.
3. Use your cash to purchase new shares to replace the ones that you just donated.
4. The end result is that you still own shares in the corporation except now the cost.
base is your most recent acquisition cost and there is no capital gains obligation
associated with these shares.
How to Proceed:
Ken Dean of Scotia McLeod 1709 Hollis St, 3rd floor Halifax, NS, B3J 2Z1 is Perram House's,
investment broker. He can be contacted at:
Toll free (800) 491-1986 (ext 18707)
Local (902) 420-8705
e-mail: ken_dean@scotiamcleod.com of Scotia McLeod
Interested donors can contact Ken and arrange for the transfer of their securities to Perram
House's account for sale. A tax receipt will be sent out shortly thereafter.
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