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Win Win Tax Strategy

Dan Lombardi

For high net-worth Canadians giving away equity holdings reduces taxes and does some good.

Each year Ottawa seems to tighten up the tax rules a bit more by closing loopholes and seeking a bigger haul from taxpayers. One tax-reduction strategy that remains untouched and can be attractive to high-net-worth Canadians is the donation of securities or mutual fund securities directly to charities.

Read the complete story from the Globe and Mail.