CRA letter Canadian estate gift to U.S. charity will generally not result in tax benefit for estate

Posted by .(JavaScript must be enabled to view this email address) on 08/10/2011 | comments (0) | permalink | forward to a friend
Posted under News | What's New from the Charities Directorate of CRA | Canadian Charity Law

Here is a CRA letter on whether amount paid by Canadian estate to a U.S. charity is a gift to a qualified donee in a particular situation.  It deals with an estate of a deceased who wished to have the estate pay out pay out “amounts for the benefit of the lifetime financial support for his cryopreservation”. 

The CRA letter on whether amount paid by Canadian estate to a U.S. charity is a gift to a qualified donee in a particular situation covers various issues including gifts to US charity, who is a qualified donee, and the limitations on using the Canada-US tax treaty.

Charity Lawyer Mark Blumberg

Mark Blumberg is a lawyer at Blumberg Segal LLP in Toronto, Ontario.
To find out more about legal services that Blumbergs provides to Canadian charities and non-profits please visit www.canadiancharitylaw.ca or www.globalphilanthropy.ca

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