
Under current federal tax laws, this tax receipt for anyone exceeding $200 in donations in a year, the credit is worth 29% federally and 17.4% provincially for a total credit of 46.4% in tax credits back to the donor. This could potentially mean a refund of approximately $580 if the full amount of $1250 was donated through the Adopt program. The full amount donated through the Adopt an Athlete program will be credited towards the athlete’s account with Basketball Manitoba.
VIEW CANADA BASKETBALL ADOPT AN ATHLETE PROGRAM DOCUMENT
Post a Comment:
0 comments so far. add yours below...
Your feedback on this Basketball Manitoba article is welcome! Post your comments below and check back later to view other comments or replies!