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Blogs tagged with gifting tax shelter

Recognizing a Charity Tax Shelter – If It Seems Too Good To Be True, It Probably Is

The Canada Revenue Agency (CRA) has a warning for taxpayers: “If you donate to a gifting tax shelter, expect to be audited.” Gifting tax shelters (also known as charity tax shelters) are arrangements that result in donation receipts worth three or four times the actual amount donated by the taxpayer.…

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