DrTorch
Proved mach and GTS to be liars
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| 01-11-2010 01:25 PM |
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mlb
O' Great One
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RE: Canadian v US generosity
One question I have, as I don't know the Canadian tax code, is whether they don't give the same level of advantages of charitable donations that the US gives?
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| 01-11-2010 01:45 PM |
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DrTorch
Proved mach and GTS to be liars
Posts: 35,844
Joined: Jun 2002
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I Root For: ASU, BGSU
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RE: Canadian v US generosity
(01-11-2010 01:45 PM)mlb Wrote: One question I have, as I don't know the Canadian tax code, is whether they don't give the same level of advantages of charitable donations that the US gives?
Quote:These num bers likely under state American charitable donations due to differences in the Canadian and US tax systems. In the US, tax filers may file either itemized or non-itemized returns, though only those filing itemized tax returns can claim charitable donations. Thus, a whole group of US tax filers may donate to registered charities but are unable to claim those donations.
http://www.fraserinstitute.org/commerce....x-2009.pdf
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| 01-11-2010 02:21 PM |
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mlb
O' Great One
Posts: 23,537
Joined: Mar 2004
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I Root For: Cincinnati
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RE: Canadian v US generosity
Thanks for the info, Torch. Interesting...
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| 01-11-2010 02:54 PM |
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