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Posting-Version: version B 2.10.2 9/18/84; site lsuc.UUCP
Path: utzoo!lsuc!dave
From: dave@lsuc.UUCP (David Sherman)
Newsgroups: net.taxes
Subject: Re: US Charitable Donation deduction rules
Message-ID: <546@lsuc.UUCP>
Date: Tue, 26-Mar-85 11:46:54 EST
Article-I.D.: lsuc.546
Posted: Tue Mar 26 11:46:54 1985
Date-Received: Tue, 26-Mar-85 13:13:53 EST
References: <12145@watmath.UUCP>
Reply-To: dave@lsuc.UUCP (David Sherman)
Organization: Law Society of Upper Canada, Toronto
Lines: 21
Summary: Charitable deduction in Canada - jms is right

In article <12145@watmath.UUCP> jmsellens@watmath.UUCP (John M Sellens) writes:
||My understanding of the Canadian tax law on donations (it's been a little
||while) is that you can only deduct the cost or value of tangible (real)
||property that you donate.  As an example, this would allow you to deduct
||the direct costs of the software gift (e.g. the tape, incremental
||duplicating costs, freight, etc.) but not the "value" of the software
||licence.  (Am I right Dave?)

Yep, that sounds right to me. There's nothing specific in the
Income Tax Act about it (the wording in s. 110(1)(a) refers
simply to "gifts made by the taxpayer ... to ... registered
charities"). But I can't see the courts upholding a deduction
of the retail price of software where the cost of providing
it to the charity is minimal.

Dave Sherman
The Law Society of Upper Canada
Toronto
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