We have employed a new tool to help facilitate the ongoing capital needs of Belfast Curling Club – stock donations!
Donating stock to the Belfast Curling Club is a good idea which benefits both parties involved.
If a supporter donates a stock that has increased in value, the donor will not have to pay capital gains tax.
What’s more, if the donor itemizes taxes, the donation is tax-deductible.
This will allow the donor to claim a tax deduction based on the value of the stock at the
time of the transfer if they have owned the stock at least one year and one day.
No capital gains taxes, plus a tax deduction!
Donors will receive a written confirmation of their contribution for their tax records.
If this sounds like a good strategy for you, you can donate by clicking the following button.