In the October 2004 case of Quinn v The Queen, 2004 TCC 64, the Tax Court of Canada ruled that the taxpayer was entitled to a Canadian income tax credit for art prints acquired at a wholesale price and then donated to a charity for their retail value. Our Saskatchewan income tax lawyers can hep you with charity donation income tax litigation.
Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
