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Sasha Ivanov gifted Canadian public securities to a public charity in Year 1. The securities had a market value of $22,000 and an ACB of
Sasha Ivanov gifted Canadian public securities to a public charity in Year 1. The securities had a market value of $22,000 and an ACB of $8,000. Sasha is in a 40% tax bracket. Which of the following will apply to Sasha? Multiple Choice Sasha will have a capital gain of $0 and receive a donation receipt for $22,000. Sasha will have a capital gain of $0 and receive a donation receipt for $14,000
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