US report on US Tax Treatment of Charitable Contributions

February 15, 2013 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: News

In an interesting coincidence the US Congress published a report on February 11, 2013 on the “Present Law and Background relating to the Federal Tax Treatment of Charitable Contributions”.  This was the same day as the Canadian Finance Committee of the House of Commons published a similar report on Canadian donation incentives which I discuss at http://www.globalphilanthropy.ca/index.php/blog/comments/house_of_commons_finance_committee_releases_report_today_on_tax_incentives_/ .  The US report goes into details of the US tax incentive for donations and discusses the rationale and challenges with such incentives.

To read the US report see:

PRESENT LAW AND BACKGROUND RELATING TO THE FEDERAL TAX TREATMENT OF CHARITABLE CONTRIBUTIONS
Prepared by the Staff of the JOINT COMMITTEE ON TAXATION February 11, 2013

https://www.jct.gov/publications.html?func=download&id=4506&chk=4506&no_html=1

Do you require legal advice with respect to Canadian or Ontario non-profits or charities?

Contact

Charity Lawyer Mark Blumberg

Mark Blumberg is a partner at the law firm of Blumberg Segal LLP in Toronto and works almost exclusively in the areas of non-profit and charity law.

mark@blumbergs.ca
416.361.1982
Download vCard

Connect

Locate

Blumberg Segal LLP
Barristers & Solicitors
#1202 - 390 Bay Street
Toronto, Ontario
M5H 2Y2 Canada

Charity Law List

Join Blumbergs' non-profit and charities newsletter
View recent issue: April 2014