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Day: November 10, 2023

Estate planning, Financial Planning, Investing, Lifestyle Financial Planning

Integrated wealth planning should incorporate your charitable giving

If the PBO qualifies in terms of Section 18A of the Income Tax Act, a donor can deduct the value of the donation from their own income tax, subject to certain ceilings. Donations made to a charity that is not registered as a PBO can result in you having to pay donations tax, so be sure to do your research upfront.

November 10, 2023
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