The Jewish Community Foundation of Montreal

Gifts of Marketable Securities Calculator

For Individuals

Gifts of Marketable Securities

The Canadian tax system provides an additional incentive when donating eligible Marketable Securities. Generally when property other than cash is donated to a registered charity, the donor is considered to have realized a capital gain to the extent that the fair market value of the property is greater than the cost. However, when publicly traded stocks, bonds and mutual funds are donated this rule does not apply and the capital gain is not taxed.

Assumptions:
1. The donor is a Quebec taxpayer.
2. Individual donor is in the highest marginal tax bracket (53.31% in 2019) and the full amount of the donation will be eligible for a tax credit at that rate.

The Toolkit Calculator is provided as an aid only and a donor should consult with a professional advisor before making a gift.

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