The federal government’s new proposed Alternative Minimum Tax (AMT) reforms would create disadvantages for charities and hit large capital gains hard, according to a new C.D. Howe Institute report. In “Capital Gains and Charitable Donations: The Silent Targets of Federal AMT Reforms,” the C.D. Howe Institute’s Alexandre Laurin and Nicholas Dahir investigate these proposed changes, which were first introduced in Budget 2023 to “ensure the wealthiest Canadians pay their fair share of tax,” suggesting that these individuals currently pay less than they should… Read Full Charities, Capital Gains Casualties Of Ottawa’s “Minimum Tax” Reforms C.D. Howe Institute November 23, 2023

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