Tax Benefits
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A donation to the Conservancy of property, an interest in a property such as a conservation agreement, or securities can provide a variety of tax benefits. In general, the value of a property donation is assessed by an independent professional appraiser and a tax receipt is issued for the value of the donation. There may be additional tax benefits depending on the particular circumstances.
- The tax receipt may be applicable against 100 per cent or even more of annual income for up to six years from the time of the donation.
- A donation of land may be exempt from capital gains tax if it qualifies under Environment Canada’s Ecological Gifts program.
- Some conservation agreements may reduce property taxes paid on the land.
- Conservation agreements often lower future transfer, probate and goods and services taxes.
- With donor agreement, a gift of surplus land, cash, life insurance or other property could be used by the Conservancy to purchase and steward important conservation land.
- Residents of the United States may be able to obtain U.S. tax benefits for gifts of significant properties situated in Canada
- Donation of securities provides a double benefit through a tax credit and an exemption on any associated capital gains tax.
For more information about the tax benefits of making a donation to the Conservancy, see our
Tax Benefits Fact Sheet Adobe PDF (43 KB) .
To perform a simplified calculation to estimate potential tax savings regarding a specific property click here.
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