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Mr. Seyed Ramsey has employment income of $103000. He owns shares that are listed on the Toronto Stock Exchange. These shares have a fair market
Mr. Seyed Ramsey has employment income of $103000. He owns shares that are listed on the Toronto Stock Exchange. These shares have a fair market value of $168000 and an adjusted cost base of 40000. During 2019, these shares are given to a registered Canadian charity. Determine Mr. Ramsey's maximum charitable donations tax credit in 2019.
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
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