Political Contributions Tax Credit
“Newfoundland and Labrador. Finance”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
This is a non-refundable credit equal to the lesser of $500 or the sum of 75% of the first $100 of contributions, 50% of the next $450 of contributions and 33.3% of the next $600 of contributions. Contributions can be made to a registered candidate or political party. Official receipts for political contributions must accompany the corporation's T2 return. To find out more details about this credit , please refer to section 47 of the Income Tax Act.
- To support a candidate or political party.
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