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Is there a tax advantage for giving a gift of publicly-traded securities?

April 26, 2017advantage gift giving publicly-traded securities tax

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Is there a tax advantage for giving a gift of publicly-traded securities?

1 Answer

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Yes, gifts of publicly-traded securities (stocks, income trust units, bonds, and mutual fund units) are exempt from capital gains tax. This is one of the most tax effective ways to make a charitable donation.