Large cultural donation

FIRST DONATION TO A CULTURAL ORGANIZATION?

You may be eligible to an additional 25% income tax credit for your first major gift to a cultural organization if you meet the following criteria:

  • Your donation is between $5,000 and $25,000
  • You are a Québec resident
  • Your gift is made to a cultural organization such as Domaine Forget de Charlevoix

Applicable only once, for a donation made after July 3, 2013. The income tax credit for a standard contribution is approximately 50% depending on your income tax bracket. With the additional 25%, the actual amount donated is reduced by almost 75%.

Here is an example of how the credit will affect your gift

This table is based on revenues below $109,755. For higher revenues an additional tax allowance will be added to the provincial income tax credit. For revenues above $214,368, the tax allowance will extend to a federal tax credit.

Go to the Québec Revenu website for more information: click here.

Our site uses cookies for purposes of analytics, advertising and to provide personalized content adapted to your interests, you consent to our cookies if you continue to use this website.