When an individual makes a gift of publicly traded securities to a registered charity, any capital gain that results from the disposition is deemed to be nil.

Question

Quizplus · Accepted Answer

This is true as per the Canadian Income Tax Act. When a donation is made in the form of publicly traded securities to a registered charity, the capital gain that may have been realized on the disposition of those securities is exempt from taxation.

When an Individual Makes a Gift of Publicly Traded Securities