Lines 7 and 8 - Gifts of capital property (including depreciable property)
Lines 7 and 8 - Gifts of capital property (including depreciable property)
A trust can increase its total donations limit if it donates capital property in the year. For more information and how to calculate the amount to be entered on lines 7 and 8, see Guide P113, Gifts and Income Tax, and Income Tax Folio S7-F1-C1, Split-receipting and Deemed Fair Market Value.
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