Donating Your land
Your land may be your legacy in more ways than one.
You’ve cared for it and now you want to pass it along and feel secure that it will be conserved in its natural state for future generations.
DUC is one of very few charities that will gratefully consider your land donation. With 75 years of experience in the conservation of wetlands and natural areas, we know what it takes to manage land for the benefit of waterfowl, other wildlife and people.
As an added benefit and to encourage the preservation of ecologically sensitive land, the Canadian Government provides enhanced tax incentives for gifts of land and conservation easements to charities such as DUC. This can help you qualify for substantial tax savings and eliminate capital gains due if lands were sold.
Contact us for more information.
Mrs. Smith’s Scenario:
Mrs. Smith owns a tract of native grassland that contains a number of small wetlands and wooded areas. She has worked hard to retain the natural features of her land in pristine condition and wants to pass it on to future generations. She decides to donate the land to DUC to preserve it in its natural state in perpetuity.
The fair market value of the land is assessed at $250,000. The tax savings of this donation is $112,500 (based on 45% combined tax rates). Tax credit can be applied against 100% of annual taxable income, with excess amounts carried over for up to 5 years. In addition to preserving sensitive land and receiving tax savings from the donation credit, no capital gains are paid, as would have been the case if the land were sold instead of gifted.