,CANADA ,CU/OMS #A & ,REV5UE ,AG5CY ,9COME ,TAX ,9T]PRET,N ,BULLET9 ,NUMB]3 ,,IT-#EJD;,R#B 7,3SOLIDAT$7 ,DATE3 ,SEE ,BULLET9 ,REVI.NS SEC;N ,SUBJECT3 ,9COME ,TAX ,ACT ,VISUAL ,>TI/S & ,WRIT]S ,REF];E3 ,SEC;N #I 7AL SEC;NS #FG.A1 #AAJ.D1 & #AAJ.F1 SUBSEC;NS #AJ7#A71 7#F71 7#G71 & 7#H71 #AH7#AB71 #GJ7#E71 & #AAH.A7#A71 7#F71 7#G71 7#G.A71 & 7#AJ72 P>AGRAPHS #H7#A77J71 #H7#A77Q71 & #FI7#A77B7 (! ,9COME ,TAX ,ACT & ,"PS ,,XVIII & ,,XXXV (! ,9COME ,TAX ,REGUL,NS7 ,LATE/ ,REVI.NS--P>AGRAPHS #AB1 #AD & #AE ,AT ! ,CANADA ,CU/OMS & ,REV5UE ,AG5CY 7,,CCRA71 WE ISSUE 9COME TAX 9T]PRET,N BULLET9S 7,,IT'S7 9 ORD] 6PROVIDE TE*NICAL 9T]PRET,NS & POSI;NS #A ,,IT#EJD-,R#B A#A REG>D+ C]TA9 PROVI.NS 3TA9$ 9 9COME TAX LAW4 ,DUE 6_! TE*NICAL NATURE1 ,,IT'S >E US$ PRIM>ILY 0\R /AFF1 TAX SPECIALI/S1 & O!R 9DIVIDUALS :O H AN 9T]E/ 9 TAX MATT]S4 ,= ^? R1D]S :O PREF] A LESS TE*NICAL EXPLAN,N (! LAW1 WE (F] O!R PUBLIC,NS1 S* Z TAX GUIDES & PAMPHLETS4 ,:ILE ! -;TS 9 A "PICUL> P>AGRAPH 9 AN ,,IT MAY RELATE 6PROVI.NS (! LAW 9 =CE AT ! "T !Y 7 MADE1 S* -;TS >E N A SUB/ITUTE =! LAW4 ,! R1D] %D1 "!=E1 3SID] S* -;TS 9 LI TAX,N YE> 2+ 3SID]$1 TAK+ 96A3.T ! E6ECT ( ANY RELEVANT AM5D;TS 6^? PROVI.NS OR RELEVANT C\RT DECI.NS O3URR+ AF ! DATE ON : ! -;TS 7 MADE4 ,SUBJECT 6! ABV1 AN 9T]PRET,N OR POSI;N 3TA9$ 9 AN ,,IT G5],Y APPLIES Z (! DATE ON : X 0 PUBLICIZ$1 UN.S O!RWISE SPECIFI$4 ,IF "! IS A SUBSEQU5T *ANGE 9 T 9T]PRET,N OR POSI;N &! *ANGE IS B5EFICIAL 6TAXPAY]S1 X IS USU,Y E6ECTIVE = FUTURE ASSESS;TS & REASSESS;TS4 #B ,,IT#EJD-,R#B B#A ,IF1 ON ! O!R H&1 ! *ANGE IS N FAV\RA# 6TAXPAY]S1 X W NORM,Y 2 E6ECTIVE =! CURR5T & SUBSEQU5T TAX,N YE>S OR = TRANSAC;NS 5T]$ 96AF ! DATE ON : ! *ANGE IS PUBLICIZ$4 ,IF Y H ANY -;TS REG>D+ MATT]S 4CUSS$ 9 AN ,,IT1 PL1SE S5D !M TO3 ,DIRECTOR1 ,BUSI;S & ,PUBLIC,NS ,DIVI.N ,9COME ,TAX ,RUL+S ,DIRECTORATE ,POLICY & ,LEGISL,N ,BRAN* ,CANADA ,CU/OMS & ,REV5UE ,AG5CY ,OTTAWA ,,ON ,K#A;,A #J;,L#E ,AN (FICIAL V].N ( ? ,,IT W 2 AVAILA# ON \R ,9T]NET SITE AT3 _+WWW.CCRA-ADRC.GC.CA_: #C ,3T5TS C#A ,APPLIC,N ,SUMM>Y ,4CUS.N & ,9T]PRET,N ,9COME ,S\RCES 7P>AGRAPH #A7 ,EMPLOYEE OR ,SELF-,EMPLOY$ 7P>AGRAPHS #B1 #C7 ,R1SONA# ,EXPECT,N ( ,PR(IT 7P>AGRAPHS #D-G7 ,>TI/S' ,9V5TORIES 7P>AGRAPHS #H1 #I7 ,"W ,SPACE 9 ,HOME ,EXP5SES 7P>AGRAPH #AJ7 ,GIFTS & ,*>ITA# ,DON,NS 9 ,K9D 7P>AGRAPHS #AA-AH7 ,EXP5SES ( ,EMPLOY$ ,>TI/S & ,WRIT]S 7P>AGRAPHS #AI-BC7 ,BULLET9 ,REVI.NS #D ,APPLIC,N D#A ,? BULLET9 IS A 3SOLID,N (! FOLL[+3 --,,IT-#EJD;,R#B DAT$ ,AUGU/ #I #AIIE2 & --SUBSEQU5T AM5D;TS "!TO4 ,= FUR!R "PICUL>S1 SEE ! 8,BULLET9 ,REVI.NS0 SEC;N NE> ! 5D ( ? BULLET94 ,SUMM>Y ,? BULLET9 D1LS )! DET]M9,N ( 9COME1 = 9COME TAX PURPOSES1 (A VISUAL >TI/ OR WRIT]4 ,! MA9 TOPICS 4CUSS$ >E3 --CRIT]IA US$ 6DET]M9E :E!R A VISUAL >TI/ OR WRIT] IS AN EMPLOYEE OR SELF-EMPLOY$1 --FACTORS 6BE 3SID]$ 9 DET]M9+ ! EXI/;E (A R1SONA# EXPECT,N ( PR(IT1 --VALU,N ( 9V5TORIES1 --IMPLIC,NS ( *>ITA# DON,NS ( CAPITAL PROP]TY &( 9V5TORY 79CLUD+ CULTURAL GIFTS71 & #E ,,IT#EJD-,R#B E#A -->TI/S' EMPLOY;T EXP5SES DEDUC;N ALL[$ "U P>AGRAPH #H7#A77Q74 ,! SPECIAL 3C]NS ( P]=M+ >TI/S >E 4CUSS$ 9 ! CURR5T V].N ( ,,IT-#EBE1 ,P]=M+ ,>TI/S4 ,! ^W 8>TI/0 Z US$ "H9AF REF]S 6A VISUAL >TI/4 --------------------------------------#B ,4CUS.N & ,9T]PRET,N ,9COME ,S\RCES #A4 ,= PURPOSES (! ,ACT1 A TAXPAY]'S 9COME =A TAX,N YE> 9CLUDES 9COME F ALL S\RCES 9SIDE OR \TSIDE ( ,CANADA1 9CLUD+ 9COME F EA* (FICE1 EMPLOY;T1 BUSI;S OR PROP]TY4 ,LOSSES F ^? S\RCES >E DEDUCTI# 9 -PUT+ 9COME =! YE>4 ,SELF-EMPLOY;T IS N SPECIFIC,Y REF]R$ 6IN ! ,ACT Z A S\RCE ( 9COME 2C A SELF-EMPLOY$ TAXPAY] IS G5],Y 3SID]$ 6BE C>RY+ ON A BUSI;S :1 Z 9DICAT$ ABV1 IS REF]R$ 6Z A S\RCE ( 9COME4 #F ,EMPLOYEE OR ,SELF-,EMPLOY$ A#B #B4 ,_M FACTORS M/ 2 TAK5 963SID],N 9 E/ABLI%+ :E!R AN 9DIVIDUAL IS AN EMPLOYEE OR IS SELF-EMPLOY$4 ,! "Q 6BE DECID$ IS :E!R ! 3TRACT 2T ! "PIES IS A 3TRACT ( S]VICE T EXI/S 2T AN EMPLOY] & AN EMPLOYEE1 OR IS A 3TRACT = S]VICES1 T IS1 ! 5GAGE;T (A SELF- EMPLOY$ 9DIVIDUAL4 ,A 3TRACT ( S]VICE G5],Y EXI/S IF ! P]SON = :OM ! S]VICES >E P]=M$ HAS ! "R 63TROL ! AM.T1 ! NATURE1 &! MANAGE;T (! "W 6BE D"O &! MANN] ( DO+ X4 ,A 3TRACT = S]VICES EXI/S :5 A P]SON IS 5GAG$ 6A*IEVE A DEF9$ OBJECTIVE & IS GIV5 ALL ! FREEDOM REQUIR$ 6ATTA9 ! DESIR$ RESULT4 ,= EXAMPLE1 "! IS AN 9DIC,N T A 3TRACT = S]VICES MAY EXI/ ": ! >TI/ OR WRIT] HAS A *.E ( PR(IT OR RISK ( LOSS1 D1LS 7DIRECTLY OR "? AN AG5T7 ) DI6]5T P]SONS 7CLI5TS7 DUR+ ! C\RSE (A YE>1 PROVIDES ! TOOLS & EQUIP;T REQUIR$ 9 C>RY+ \ ! S]VICES OR C HIRE #G ,,IT-#EJD;,R#B B#B HELP]S1 FIX _! SAL>Y1 DIRECT !M OR 4MISS !M4 #C4 ,:5 D1L+ ) P]SONS ( "PICUL> SKILLS & EXP]TISE1 S* Z >TI/S & WRIT]S1 SUP]VI.N & 3TROL (! MANN] 9 : ! "W IS D"O MAY N 2 A CRITICAL & DECISIVE FACTOR4 ,H["E1 NO S+LE FACTOR IS 3CLUSIVE 9 ALL CIRCUM/.ES4 ,! DET]M9,N ( :E!R OR N AN >TI/ OR WRIT] IS "U A 3TRACT ( S]VICE OR A 3TRACT = S]VICES IS A "Q ( FACT1 & W DEP5D ON ! NATURE &! T]MS (! 3TRACT OR >RANGE;T 7WRITT5 OR ORAL71 XS DUR,N1 & ALL ! ELE;TS T 3/ITUTE ! REL,N%IP 2T ! "PIES4 ,9 ANY CASE ( D\BT Z 6! /ATUS ( AN >TI/ OR WRIT]1 ADVICE %D 2 OBTA9$ F A ,REV5UE ,CANADA TAX S]VICES (FICE4 #H ,R1SONA# ,EXPECT,N ( ,PR(IT C#B #D4 ,SEC;N #I (! ,ACT PROVIDES T A TAXPAY]'S 9COME =A TAX,N YE> F A BUSI;S 7SELF-EMPLOY;T7 IS ! PR(IT "!FROM =! YE>4 ,! 3CEPT ( PR(IT IS CRITICAL 9 DET]M9+ :E!R A TAXPAY]'S >TI/IC ACTIV;Y OR LIT]>Y "UTAK+ 3/ITUTES ! C>RY+ ON (A BUSI;S OR IS M]ELY ! FUR!R.E (A HO2Y OR 9T]E/ (! TAXPAY] T IS (A P]SONAL NATURE4 ,G5],Y1 ANY "UTAK+ OR ACTIV;Y (A TAXPAY] T RESULTS 9 PR(ITS OR HAS A R1SONA# PROSPECT ( PR(ITS WD 2 VIEW$ Z ! C>RY+ ON (A BUSI;S4 ,ON ! O!R H&1 ": ! ACTIV;Y OR "UTAK+ HAS NO R1SONA# EXPECT,N ( PRODUC+ PR(ITS1 A BUSI;S WD N 2 3SID]$ 6H BE5 C>RI$ ON & ANY LOSSES T RESULT$ WD N 2 DEDUCTI# = 9COME TAX PURPOSES4 ,:E!R OR N A TAXPAY] HAS A R1SONA# EXPECT,N ( PR(IT IS AN OBJECTIVE DET]M9,N 6BE MADE F ALL ! FACTS4 ,! RELEVANT FACTORS 6BE 3SID]$ 9 #I ,,IT-#EJD;,R#B D#B MAK+ S* A DET]M9,N W DI6] )! NATURE & EXT5T (! ACTIV;Y OR "UTAK+4 ,! NATURE ( >T & LIT]ATURE IS S* T A 3SID]A# P]IOD ( "T MAY PASS 2F AN >TI/ OR WRIT] 2COMES E/ABLI%$ & PR(ITA#4 ,AL? ! EXI/;E (A R1SONA# EXPECT,N ( PR(IT IS RELEVANT 9 DET]M9+ ! DEDUCTIBIL;Y ( LOSSES1 9 ! CASE ( >TI/S & WRIT]S X IS RECOGNIZ$ T A L;G] P]IOD ( "T MAY 2 REQUIR$ 9 E/ABLI%+ T S* R1SONA# EXPECT,N DOES EXI/4 #E4 ,FACTORS : W 2 3SID]$ 0! ,DE"P;T 9 DET]M9+ :E!R OR N AN >TI/ OR WRIT] HAS A R1SONA# EXPECT,N ( PR(IT 9CLUDE3 7A7 ! AM.T ( "T DEVOT$ 6>TI/IC OR LIT]>Y 5D1V\RS1 7B7 ! EXT5T 6: AN >TI/ OR WRIT] HAS PRES5T$ 8 OR H] [N "WS 9 PUBLIC & PRIVATE SETT+S 9CLUD+1 B N LIMIT$ TO1 EXHIBIT+1 PUBLI%+ & R1D+ Z IS APPROPRIATE 6! NATURE (! "W1 7C7 ! EXT5T 6: AN >TI/ IS REPRES5T$ 0AN >T D1L] OR AG5T &! EXT5T #AJ ,,IT-#EJD;,R#B E#B 6: A WRIT] IS REPRES5T$ 0A PUBLI%] OR AG5T1 7D7 ! AM.T ( "T DEVOT$ TO1 & TYPE ( ACTIV;Y NORM,Y PURSU$ IN1 PROMOT+ & M>KET+ ! >TI/'S OR WRIT]'S [N "WS1 7E7 ! AM.T ( REV5UE RCVD T IS RELEVANT 6! >TI/'S OR WRIT]'S [N "WS 9CLUD+1 B N LIMIT$ TO1 REV5UE F SALES1 -MIS.NS1 ROYALTIES1 FEES1 GRANTS & AW>DS : MAY R1SONABLY 2 9CLUD$ 9 BUSI;S 9COME1 7F7 ! HI/ORICAL RECORD1 SPANN+ A SIGNIFICANT NUMB] ( YE>S1 ( ANNUAL PR(ITS OR LOSSES RELEVANT 6! >TI/'S OR WRIT]'S EXPLOIT,N ( 8 OR H] [N "WS1 7G7 A V>I,N1 OV] A P]IOD ( "T1 9 ! VALUE OR POPUL>;Y (! 9DIVIDUAL'S >TI/IC OR LIT]>Y "WS1 7H7 ! TYPE ( EXP5DITURES CLAIM$ & _! RELEV.E 6! 5D1V\RS 7E4G41 9 ! CASE (A WRIT] "! WD 2 A POSITIVE 9DIC,N ( #AA ,,IT-#EJD;,R#B F#B BUSI;S ACTIV;Y IF A SUB/ANTIAL POR;N (! EXP5DITURES 7 9CURR$ = RESE>*71 7I7 ! >TI/'S OR WRIT]'S QUALIFIC,NS Z AN >TI/ OR WRIT]1 RESPECTIVELY1 Z EVID;ED 0$UC,N & AL 0PUBLIC & PE] RECOGNI;N RCVD 9 ! =M ( HON\RS1 AW>DS1 PRIZES &/OR CRITICAL APPRAISAL1 7J7 MEMB]%IP 9 ANY PROFES.NAL ASSOCI,N ( >TI/S OR WRIT]S ^: MEMB]%IP OR CATEGORIES ( MEMB]%IP >E LIMIT$ "U /&>DS E/ABLI%$ 0T ASSOCI,N1 --------------------------------------#C 7K7 ! SIGNIFIC.E (! AM.T ( GROSS REV5UE DERIV$ 0AN >TI/ OR WRIT] F ! EXPLOIT,N ( T 9DIVIDUAL'S [N "WS &! GR[? ( S* GROSS REV5UE OV] "T4 ,9 APPLY+ ? FACTOR1 EXT]NAL 9FLU;ES S* Z ECONOMIC 3DI;NS1 *ANGES 9 ! PUBLIC MOOD1 ETC41 : MAY A6ECT ! SALE ( >TI/IC OR LIT]>Y "WS W 2 TAK5 963SID],N1 & 7L7 ! NATURE (! LIT]>Y "WS "UTAK5 0A WRIT]4 ,X IS 3SID]$ T A LIT]>Y #AB ,,IT-#EJD;,R#B A#C "W S* Z A NOVEL1 POEM1 %ORT /ORY OR ANY NON-FIC;NAL PROSE -POSI;N T IS WRITT5 = G5]AL SALE OR SYNDICAT$ 4TRIBU;N WD NORM,Y H A GRT] PR(IT POT5TIAL ?AN A "W "UTAK5 = RE/RICT$ 4TRIBU;N4 #F4 ,NO "PICUL> FACTOR DESCRIB$ 9 P>AGRAPH #E ABV IS M IMPORTANT ?AN ANO!R & NO "O FACTOR DET]M9ES :E!R OR N AN ACTIV;Y IS A BUSI;S C>RI$ ON = PR(IT OR )A R1SONA# EXPECT,N ( PR(IT4 ,ALL RELEVANT CRIT]IA >E 3SID]$ TGR 9 MAK+ A DET]M9,N &! TAXPAY]'S FAILURE 6MEET ANY "O "PICUL> FACTOR W N 9 XF PRECLUDE ! TAXPAY]'S >TI/IC OR LIT]>Y ACTIVITIES F QUALIFY+ Z A BUSI;S4 #G4 ,9 ! CASE ( AN >TI/ OR WRIT]1 X IS POSSI# T A TAXPAY] MAY N R1LIZE A PR(IT DUR+ 8 OR H] LIFE"T B / H A R1SONA# EXPECT,N ( PR(IT4 ,H["E1 9 ORD] 6H ? 8R1SONA# EXPECT,N ( PR(IT0 ! >TI/IC OR LIT]>Y 5D1V\RS1 Z ! CASE MAY BE1 (! >TI/ OR WRIT] M/ 2 C>RI$ ON 9 A MANN] S* T1 BAS$ ON ! CRIT]IA 9 #AC ,,IT-#EJD;,R#B B#C P>AGRAPH #E ABV1 !Y MAY 2 3SID]$ = 9COME TAX PURPOSES 6BE ! C>RY+ ON (A BUSI;S R ?AN1 = EXAMPLE1 A HO2Y4 ,>TI/S' ,9V5TORIES #H4 ,SUBJECT 6#I 2L1 SUBSEC;N #AJ7#A7 REQUIRES T 9 -PUT+ 9COME F A BUSI;S 9V5TORY 2 VALU$ AT XS CO/ 6! TAXPAY] OR XS FAIR M>KET VALUE1 :I*"E IS L[]1 OR 9 S* O!R MANN] Z MAY 2 P]MITT$ 9 ,"P ,,XVIII (! ,REGUL,NS4 ,9V5TORY ( AN >TI/ W 9CLUDE UNF9I%$ & F9I%$ "WS ( >T & MAT]IALS & SUPPLIES T >E ON H& & UNSOLD AT ! FISCAL YE>-5D (! >TI/'S BUSI;S4 ,! CO/ (A "W ( >T 9CLUDES ! CO/ ( MAT]IALS 7E4G41 PA9T1 CANVAS1 SCULPTUR+ M$IUM7 & LAB\R 7O!R ?AN ! >TI/'S [N LAB\R7 US$ 9 XS EXECU;N & AN APPROPRIATE POR;N ( V>IA# OV]H1D EXP5SES 7E4G41 FEES ( MODELS1 KILN 5]GY CO/74 ,= A4I;NAL 9=M,N 3C]N+ ! VALU,N ( 9V5TORY1 REF];E %D 2 MADE 6! CURR5T V].N ( ,,IT-#DGC1 #AD ,,IT-#EJD;,R#B C#C ,9V5TORY ,VALU,N4 ,2C (! SPECIAL CIRCUM/.ES APPLICA# 6>TI/S1 ! ,DE"P;T W P]MIT !M 6EXCLUDE F 9V5TORY ANY TRAVEL EXP5SES RELAT$ 6"WS ( >T PRODUC$ OR 6BE PRODUC$ 0!M & 6DEDUCT S* EXP5SES 9 ! TAX,N YE> DUR+ : !Y >E 9CURR$4 ,! RE/RIC;NS 9 SEC;N #FG.A ON ! AM.T T MAY 2 DEDUCT$ = FOOD OR B"EAGES 3SUMP;N EXP5SES 7I4E41 G5],Y1 #EJ@3P ( S* EXP5SES-SEE ! CURR5T V].N ( ,,IT-#EAH1 ,FOOD1 ,B"EAGES & ,5T]TA9;T ,EXP5SES7 &! RE/RIC;NS ON MOTOR VEHICLE EXP5SES 7SEE ! CURR5T V].N ( ,,IT-#EBA1 ,MOTOR ,VEHICLE ,EXP5SES ,CLAIM$ 0SELF-,EMPLOY$ ,9DIVIDUALS7 M/ 2 TAK5 963SID],N 9 DET]M9+ S* TRAVEL EXP5SES4 #I4 ,Z A G5]AL RULE1 ! CO/ ( PROP]TY UNSOLD & MAT]IAL UNUS$ 7I4E41 9V5TORY7 AT ! FISCAL YE>-5D (A BUSI;S IS ONLY DEDUCTI# 9 -PUT+ ! PR(IT OR LOSS (! BUSI;S =A SUBSEQU5T FISCAL YE> :5 ANY S* PROP]TY IS SOLD4 ,H["E1 9 -PUT+ 9COME =A TAX,N YE> F A BUSI;S ( #AE ,,IT-#EJD;,R#B D#C CR1T+ PA9T+S1 MURALS1 ORIG9AL PR9TS1 ET*+S1 DRAW+S1 SCULPTURES OR SIMIL> "WS ( >T1 AN 9DIVIDUAL O!R ?AN A TRU/ MAY1 "U SUBSEC;N #AJ7#F71 ELECT 9 ! 9DIVIDUAL'S RETURN ( 9COME =! YE> 6VALUE ! 9V5TORY ( T BUSI;S AT NIL4 ,X %D 2 NOT$ T ! ELEC;N "U SUBSEC;N #AJ7#F7 _C1 0VIRTUE ( SUBSEC;N #AJ7#H71 2 MADE 0AN 9DIVIDUAL 9 RESPECT (3 7A7 ANY "W ( >T : HAS N BE5 CR1T$ 0T 9DIVIDUAL1 OR 7B7 A BUSI;S ( REPRODUC+ "WS ( >T4 ,": AN 9DIVIDUAL HAS MADE AN ELEC;N "U SUBSEC;N #AJ7#F7 =A TAX,N YE>1 ! VALUE (! 9DIVIDUAL'S QUALIFY+ 9V5TORY = EA* SUBSEQU5T TAX,N YE> %1 0VIRTUE ( SUBSEC;N #AJ7#G71 2 DEEM$ 6BE NIL UN.S ! 9DIVIDUAL1 )! 3CURR;E (! ,M9I/] & ON S* T]MS & 3DI;NS Z >E SPECIFI$ 0! ,M9I/]1 REVOKES ! ELEC;N4 #AF ,"W ,SPACE 9 ,HOME ,EXP5SES E#C #AJ4 ,SUBSEC;N #AH7#AB7 RE/RICTS ! DEDUC;N1 9 -PUT+ 9COME F A BUSI;S1 ( EXP5SES 9 RESPECT ( AN (FICE1 /UDIO OR O!R "W SPACE 9 ! HOME ( AN 9DIVIDUAL4 ,S* EXP5SES W 2 DEDUCTI# ONLY IF ! "W SPACE IS EI3 7A7 ! 9DIVIDUAL'S PR9CIPAL PLACE ( BUSI;S1 OR 7B7 US$ EXCLUSIVELY 0! >TI/ OR WRIT] 6E>N BUSI;S 9COME & AL US$ ON A REGUL> & 3T9U\S BASIS 6MEET CLI5TS OR CU/OM]S4 ,EXP5SES O!RWISE DEDUCTI# RELAT+ 6! "W SPACE _C CR1TE OR 9CR1SE A LOSS F ! BUSI;S = : ! SPACE IS US$1 B ! EXP5SES N ALL[$ 2C ( ? RE/RIC;N 9 A YE> >E TR1T$ Z EXP5SES RELAT$ 6! "W SPACE 9CURR$ 9 ! IMMLY FOLL[+ YE>4 ,? P]MITS ! C>RY-=W>D ( S* EXP5SES 6! NEXT YE> PROVID+ EI 3DI;N 7A7 OR 7B7 ABV IS MET 9 T NEXT YE>4 ,": EI 3DI;N 7A7 OR 7B7 ABV IS MET ON A 3T9U\S BASIS S* #AG ,,IT-#EJD;,R#B F#C EXP5SES N DEDUCTI# 9 A YE> MAY 2 C>RI$ =W>D 9DEF9ITELY4 ,= FUR!R DETAILS REF] 6! CURR5T V].N ( ,,IT-#EAD1 ,"W ,SPACE 9 ,HOME ,EXP5SES4 ,GIFTS & ,*>ITA# ,DON,NS 9 ,K9D #AA4 ,:5 AN >TI/ CR1TES A "W ( >T )! 9T5;N ( SELL+ X B 9/1D DONATES X 6ANO!R P]SON1 ! DON,N IS 3SID]$ 6BE A 4POSI;N (A PROP]TY F --------------------------------------#D ! >TI/'S 9V5TORY4 ,! DON,N 0AN >TI/ ( O!R PROP]TY 7E4G41 DI>IES OR CORRESPOND;E7 WD 2 3SID]$ 6BE A 4POSI;N ( CAPITAL PROP]TY4 ,SIMIL>LY1 ! DON,N 0A WRIT] ( ORIG9AL MANUSCRIPTS1 LRS1 MEMOR&A OR SIMIL> PAP]S WD G5],Y 2 3SID]$ 6BE A 4POSI;N ( CAPITAL PROP]TY S9CE X IS N USU,Y ! BUSI;S (A WRIT] 6PRODUCE & SELL S* ORIG9AL DOCU;TS4 #AB4 ,SUBSEC;N #AAH.A7#F7 MAY 2 B5EFICIAL 6AN >TI/ OR WRIT] :O #AH ,,IT-#EJD;,R#B A#D MAKES A GIFT 79CLUD+ A GIFT 0W7 (A CAPITAL PROP]TY 6A REGI/]$ *>;Y OR O!R ORGANIZ,N DESCRIB$ 9 ! DEF9I;N ( 8TOTAL *>ITA# GIFTS0 9 SUBSEC;N #AAH.A7#A7 OR 6,H] ,MAJE/Y 9 "R ( ,CANADA OR A PROV9CE 7"H9AF REF]R$ 6Z A 8QUALIFI$ DONEE074 ,:5 S* A GIFT IS MADE &1 AT T "T1 ! FAIR M>KET VALUE (! CAPITAL PROP]TY EXCE$S XS ADJU/$ CO/ BASE1 SUBSEC;N #AAH.A7#F7 PROVIDES =A REDUC;N (! CAPITAL GA9 : WD O!RWISE RESULT F ! APPLIC,N (! DEEM$ 4POSI;N RULES 9 P>AGRAPH #FI7#A77B7 OR SUBSEC;N #GJ7#E7 0ALL[+ ! DONOR 7OR EXECUTOR7 (! PROP]TY 6DESIGNATE AN AM.T N GRT] ?AN T FAIR M>KET VALUE & N LESS ?AN T ADJU/$ CO/ BASE4 ,! DESIGNAT$ AM.T IS DEEM$ 6BE BO? ! PROCE$S ( 4POSI;N =! PURPOSE ( DET]M9+ ! DONOR'S CAPITAL GA9 7?REE-QU>T]S ( CAPITAL GA9S IS 9CLUD$ 9 9COME7 &! FAIR M>KET VALUE (! GIFT =! PURPOSE (! TAX CR$IT ALL[$ = *>ITA# 3TRIBU;NS1 IF ! MAK+ (! GIFT IS PROV5 0FIL+ A #AI ,,IT-#EJD;,R#B B#D RECEIPT 3TA9+ PRESCRIB$ 9=M,N PURSUANT 6,"P ,,XXXV (! ,REGUL,NS4 #AC4 ,": AN 9DIVIDUAL MAKES A GIFT DESCRIB$ 9 ! DEF9I;N ( 8TOTAL CULTURAL GIFTS0 9 SUBSEC;N #AAH.A7#A7 ( PROP]TY 7O!R ?AN 9V5TORY7 (! 9DIVIDUAL1 S* A GIFT W N RESULT 9 A CAPITAL GA9 F ! 4POSI;N (! PROP]TY 0VIRTUE ( SUBP>AGRAPH #CI7#A77A77I4#A74 ,H["E1 0VIRTUE ( SUBSEC;NS #AAH.A7#C7 & 7#AJ71 ! 9DIVIDUAL MAY CLAIM A TAX CR$IT BAS$ ON ! FAIR M>KET VALUE (! GIFT1 Z E/ABLI%$ 0! ,CANADIAN ,CULTURAL ,PROP]TY ,EXPORT ,REVIEW ,BO>D 7! ,REVIEW ,BO>D71 PROVID$ ! MAK+ (! GIFT IS PROV5 0FIL+ A RECEIPT Z 9DICAT$ 9 P>AGRAPH #AB ABV4 ,9 A4I;N1 ! 9DIVIDUAL M/ FILE A C]TIFICATE1 PROVID$ 0! ,REVIEW ,BO>D1 : E/ABLI%ES T ! PROP]TY MEETS ALL (! CRIT]IA SET \ 9 P>AGRAPHS #BI7#C77B7 & 7C7 (! ,CULTURAL ,PROP]TY ,EXPORT & ,IMPORT ,ACT4 ,=A 4CUS.N ON ,CANADIAN CULTURAL PROP]TY SEE ! CURR5T #BJ ,,IT-#EJD;,R#B C#D V].N ( ,,IT-#DJG1 ,4POSI;N AF #AIHG ( ,CANADIAN ,CULTURAL ,PROP]TY4 #AD4 ,SUBJECT 6P>AGRAPHS #AE & #AF1 :5 AN 9DIVIDUAL :O IS C>RY+ ON AN >TI/IC BUSI;S MAKES A GIFT (A PROP]TY T IS 9 8 OR H] 9V5TORY 7Z EXPLA9$ 9 P>AGRAPH #AA71 ! 9DIVIDUAL IS1 0VIRTUE ( SUBP>AGRAPH #FI7#A77B77;II71 DEEM$ 6H RCVD PROCE$S ( 4POSI;N =! PROP]TY EQUAL 6XS FAIR M>KET VALUE AT ! "T (! GIFT & AN AM.T EQUAL 6T FAIR M>KET VALUE M/ 2 9CLUD$ 9 ! 9DIVIDUAL'S 9COME4 ,H["E1 ": ! RECIPI5T (! GIFT IS A QUALIFI$ DONEE 7SEE P>AGRAPH #AB71 "P OR ALL (! FAIR M>KET VALUE ( T GIFT MAY 2 US$ 9 DET]M9+ ! TAX CR$IT AVAILA# 6AN 9DIVIDUAL :O HAS MADE S* A GIFT4 ,9 ! CASE ( GIFTS 6QUALIFI$ DONEES1 O!R ?AN GIFTS ! FAIR M>KET VALUE ( : >E 9CLUD$ 9 8TOTAL ,CR[N GIFTS01 8TOTAL CULTURAL GIFTS0 OR 8TOTAL ECOLOGICAL GIFTS01 ALL ( : >E DESCRIB$ 9 SUBSEC;N #AAH.A7#A71 ! POR;N ( S* GIFTS AVAILA# =! TAX #BA ,,IT-#EJD;,R#B D#D CR$IT IS LIMIT$ 6#GE@3P (! 9DIVIDUAL'S 9COME =! YE>1 ASSUM+ ! 9DIVIDUAL HAS N MADE ANY GIFTS ( CAPITAL PROP]TY 9 ! YE> 9 : CASE ! LIMIT MAY 2 9CR1S$4 ,! 9CR1SE : C RESULT F GIFTS ( CAPITAL PROP]TY IS 4CUSS$ 9 ! CURR5T V].N ( ,9T]PRET,N ,BULLET9 ,,IT-#AAJ4 ,H["E1 ANY POR;N N US$ 9 DET]M9+ ! TAX CR$IT MAY 2 C>RI$ =W>D = POSSI# TAX CR$IT 9 ! FOLL[+ #E YE>S4 #AE4 ,": AN 9DIVIDUAL MAKES A GIFT 6A QUALIFI$ DONEE 7SEE P>AGRAPH #AB7 (A "W ( >T (! 9DIVIDUAL'S [N CRE,N T IS PROP]TY 9 8 OR H] 9V5TORY &1 AT ! "T (! GIFT1 ! FAIR M>KET VALUE (! PROP]TY IS GRT] ?AN XS CO/ AM.T 7I4E41 XS 9V5TORY VALUE-SEE P>AGRAPH #H71 ! 9DIVIDUAL MAY DESIGNATE AN AM.T "U SUBSEC;N #AAH.A7#G7 & S* DESIGNAT$ AM.T W 2 DEEM$ 6BE ! 9DIVIDUAL'S PROCE$S ( 4POSI;N &! FAIR M>KET VALUE (! GIFT4 ,H["E1 ! DESIGNAT$ AM.T _C 2 GRT] ?AN ! FAIR M>KET VALUE (! PROP]TY1 NOR LESS ?AN XS CO/ #BB ,,IT-#EJD;,R#B E#D AM.T4 ,9 A4I;N1 ! DESIGN,N M/ 2 MADE 9 ! 9DIVIDUAL'S RETURN =! YE> 9 : ! GIFT IS MADE &! GIFT M/ 2 PROV5 0FIL+ A RECEIPT Z 9DICAT$ 9 P>AGRAPH #AB4 ,6ILLU/RATE ! PRACTICAL E6ECT ( SUBSEC;N #AAH.A7#G71 3SID] AN >TI/ )A NET 9COME ( 4#BJ1JJJ :O WI%ES 6DONATE A PA9T+ 6A REGI/]$ *>;Y4 ,! PA9T+ IS ! >TI/'S [N CRE,N4 ,X HAS A FAIR M>KET VALUE ( 4#GJ1JJJ &A CO/ AM.T ( NIL 7! >TI/ HAS ELECT$ "U SUBSEC;N #AJ7#F774 ,IF ! 4#GJ1JJJ VALUE 7 US$1 ! >TI/'S NET 9COME WD 9CR1SE 64#IJ1JJJ B ! *>ITA# DON,N 6BE US$ 9 DET]M9+ ! >TI/'S TAX CR$IT WD 2 LIMIT$ 64#FG1EJJ 7#GE@3P ( 4#IJ1JJJ7 =! YE> 9 : ! PA9T+ 0 DONAT$4 ,! >TI/'S TAXA# 9COME WD AL 2 9CR1S$ 04#GJ1JJJ Z A 3SEQU;E (! DON,N4 ,"U SUBSEC;N #AAH.A7#G71 ! >TI/ CD VALUE ! PA9T+ AT 4#FJ1JJJ = 9COME TAX PURPOSES4 ,S* A DESIGN,N WD 9CR1SE ! >TI/'S NET 9COME 64#HJ1JJJ &! *>ITA# DON,N ( 4#FJ1JJJ WD 2 FULLY AVAILA# =! #BC ,,IT-#EJD;,R#B F#D TAX CR$IT S9CE X IS EQUAL 6#GE@3P ( 4#HJ1JJJ4 #AF4 ,AF #AIIJ1 ": AN 9DIVIDUAL MAKES A GIFT DESCRIB$ 9 ! DEF9I;N ( 8TOTAL CULTURAL GIFTS0 9 SUBSEC;N #AAH.A7#A7 ( PROP]TY T IS A "W ( >T CR1T$ 0! 9DIVIDUAL & T IS 9CLUD$ 9 8 OR H] 9V5TORY1 ! 9DIVIDUAL W 2 DEEM$1 "U SUBSEC;N #AAH.A7#G.A71 6H RCVD PROCE$S ( 4POSI;N EQUAL 6! CO/ AM.T (! "W ( >T4 ,3SEQU5TLY1 NO PR(IT OR LOSS W RESULT F ! 4POSI;N 7GIFT7 (! PROP]TY 0! 9DIVIDUAL4 ,0VIRTUE ( SUBSEC;NS #AAH.A7#C7 & 7#AJ71 H["E1 ! 9DIVIDUAL W 2 5TITL$ 6A TAX CR$IT BAS$ ON ! FAIR M>KET VALUE (! GIFT1 Z E/ABLI%$ 0! ,REVIEW ,BO>D1 PROVID+ ! REQUIRE;TS SET \ 9 P>AGRAPH #AC ABV >E MET4 --------------------------------------#E ,EXAMPLE ,AN 9DIVIDUAL HAS MADE AN ELEC;N "U SUBSEC;N #AJ7#F7 6TR1T ! VALUE ( 9V5TORY Z NIL =! PURPOSE ( CALCULAT+ 9COME F A BUSI;S T IS ! #BD ,,IT-#EJD;,R#B A#E 9DIVIDUAL'S >TI/IC 5D1V\R4 ,! 9DIVIDUAL MAKES A GIFT (A "W ( >T F 9V5TORY : FALLS )9 ! DEF9I;N ( 8TOTAL CULTURAL GIFTS0 9 SUBSEC;N #AAH.A7#A71 & : IS DET]M9$ 6H A FAIR M>KET VALUE ( 4#AJ1JJJ 0! ,REVIEW ,BO>D4 ,"U SUBSEC;N #AAH.A7#G.A71 ! AM.T REQUIR$ 6BE 9CLUD$ 9 ! 9COME (! 9DIVIDUAL W 2 NIL 7! CO/ AM.T (! PROP]TY74 ,H["E1 ! FAIR M>KET VALUE (! GIFT1 4#AJ1JJJ1 W 2 9CLUD$ 9 ! 9DIVIDUAL'S TOTAL CULTURAL GIFTS =! PURPOSE ( DET]M9+ ! AM.T (! TAX CR$IT 6: ! 9DIVIDUAL IS 5TITL$ "U SUBSEC;N #AAH.A7#C74 #AG4 ,=! #AIHB 6#AIHG TAX,N YE>S1 SEC;N #AAJ.D PROVID$ =A PROC$URE ( =W>D AV]AG+ ":BY AN 9DIVIDUAL1 :O 0 RESID5T 9 ,CANADA "?\T A TAX,N YE> &! TWO IMMLY PREC$+ TAX,N YE>S1 CD ELECT 6DEDUCT F ! YE>'S TAXA# 9COME AN AM.T ( ELIGI# 9COME4 ,! 9DIVIDUAL WD PAY A REFUNDA# TAX ON ! AM.T ( 9COME S DEDUCT$ & ADD T DEDUCT$ AM.T 6! #BE ,,IT-#EJD;,R#B B#E TAXA# 9COME (A FUTURE YE>1 9 A LUMP SUM OR SPR1D X OV] A NUMB] ( FUTURE YE>S4 ,! PROVI.N 6MAKE ! ELEC;N 6DEDUCT AN AM.T ( ELIGI# 9COME F TAXA# 9COME 0 REP1L$ E6ECTIVE = #AIHH4 ,! ELEC;N 6ADD A PREVI\SLY DEDUCT$ AM.T 6! TAXA# 9COME (A SUBSEQU5T YE> IS AVAILA# UP 6& 9CLUD+ #AIIG4 ,= M 9=M,N 3C]N+ =W>D AV]AG+ REF];E %D 2 MADE 6=M ,T#EHA1 ,=W>D ,AV]AG+ ,TAX ,CR$IT4 #AH4 ,IF C]TA9 PRESCRIB$ =MS1 RECEIPTS OR O!R SUPPORT+ DOCU;TS >E N REQUIR$ 6BE FIL$ )A RETURN ( 9COME1 S* Z :5 ! RETURN IS FIL$ ELECTRONIC,Y 78;,E- FIL$071 !Y %D N"E!.S 2 RETA9$ & R1DILY AVAILA# Z ! ,DE"P;T HAS ! AU?OR;Y "U SUBSEC;N #BBJ7#B.A7 (! ,ACT 6SUBSEQU5TLY REQUE/ !M Z PRO( (! CLAIMS 2+ MADE OR 9 SUPPORT (! 9=M,N 2+ REPORT$4 ,X %D1 H["E1 2 NOT$ T ": A RETURN IS ;,E-FIL$1 ELEC;NS & DESIGN,NS 7AL;G )! NEC DOCU;T,N7 >E / REQUIR$ 6BE FIL$ 0! DUE DATES #BF ,,IT-#EJD;,R#B C#E E/ABLI%$ 9 ! ,ACT4 ,= M 9=M,N 3TACT A ,REV5UE ,CANADA TAX S]VICES (FICE4 ,EXP5SES ( ,EMPLOY$ ,>TI/S & ,WRIT]S #AI4 ,AN >TI/ OR WRIT] :O IS AN EMPLOYEE IS N ALL[$ ANY DEDUC;NS 9 -PUT+ 9COME F AN (FICE OR EMPLOY;T1 O!R ?AN ^? PROVID$ 9 SEC;N #H4 ,9 "PICUL>1 P>AGRAPH #H7#A77Q7 ALL[S A DEDUC;N =A TAXPAY]'S EXP5SES PD 6E>N EMPLOY;T 9COME F AN >TI/IC ACTIV;Y T FALLS 96ANY (! FOLL[+ CATEGORIES 7"H9AF REF]R$ 6Z A 8QUALIFY+ >TI/IC ACTIV;Y073 7A7 CR1T+ 7B N REPRODUC+7 PA9T+S1 PR9TS1 ET*+S1 DRAW+S1 SCULPTURES OR SIMIL> "WS ( >T2 7B7 -POS+ A DRAMATIC1 MUSICAL OR LIT]>Y "W2 7C7 P]=M+ A DRAMATIC OR MUSICAL "W Z AN ACTOR1 D.ER1 S+] OR MUSICIAN2 OR #BG ,,IT-#EJD;,R#B D#E 7D7 AN >TI/IC ACTIV;Y 9 RESPECT ( : ! TAXPAY] IS A MEMB] (A PROFES.NAL >TI/S' ASSOCI,N T IS C]TIFI$ 0! ,M9I/] ( ,-MUNIC,NS1 N[ ! ,M9I/] ( ,CANADIAN ,H]ITAGE4 #BJ4 ,! EXP5SES : C 2 DEDUCT$ "U P>AGRAPH #H7#A77Q7 _C EXCE$ A LIMIT = EA* TAX,N YE>4 ,! LIMIT IS CALCULAT$ 0TAK+ ! LESS] (3 7A7 4#A1JJJ2 & 7B7 #BJ@3P ( .ALL ! TAXPAY]'S EMPLOY;T 9COME =! YE>1 2F CLAIM+ ANY DEDUC;NS "U SEC;N #H1 F .ALL QUALIFY+ >TI/IC ACTIVITIES2 & !N SUBTRACT+ ! AM.TS DEDUCT$ =! YE>1 9 CALCULAT+ EMPLOY;T 9COME F ^? QUALIFY+ >TI/IC ACTIVITIES1 "U P>AGRAPHS #H7#A77J7 79T]E/ OR CAPITAL CO/ ALL[.E = MOTOR VEHICLES OR AIRCRAFTS7 & #H7#A77P7 7MUSICAL 9/RU;T CO/S74 #BA4 ,ANY EXP5SES PD 9 ! YE> 6E>N EMPLOY;T 9COME F QUALIFY+ >TI/IC #BH ,,IT-#EJD;,R#B E#E ACTIVITIES T >E N DEDUCTI# =! YE> "U P>AGRAPH #H7#A77Q7 2C !Y EXCE$ ! LIMIT DESCRIB$ 9 P>AGRAPH #BJ ABV1 & T >E AL N DEDUCTI# "U ANY O!R PROVI.N (! ,ACT1 >E C>RI$ =W>D 6! IMMLY SUBSEQU5T YE> 0VIRTUE ( P>AGRAPH #H7#A77Q74 ,9 ! SUBSEQU5T YE>1 ! EXP5SES C>RI$ =W>D PLUS ANY NEW EXP5SES PD 9 ! YE> 76E>N EMPLOY;T 9COME F QUALIFY+ >TI/IC ACTIVITIES7 >E SUBJECT 6! P>AGRAPH #H7#A77Q7 LIMIT1 Z CALCULAT$ = T YE>4 ,AG1 ANY UNDEDUCTI# AM.T WD 2 C>RI$ =W>D4 #BB4 ,! FOLL[+ EXAMPLE ILLU/RATES ! RULES 4CUSS$ 9 P>AGRAPH #AI 6#BA ABV3 ,AN >TI/ E>N$ EMPLOY;T 9COME F QUALIFY+ >TI/IC ACTIVITIES F BO? ,EMPLOY] ;,A & ,EMPLOY] ;,B DUR+ ! SAME TAX,N YE>4 ,! FOLL[+ 9=M,N RELATES 6! >TI/ = T TAX,N YE>3 #BI ,,IT-#EJD;,R#B F#E """"""""""" ,EMPLOY] ,EMPLOY] ,TOTAL """"""""""" ;,A """" ;,B ,9COME RCVD 9 ! YE> "" 4#AE1JJJ 4#G1EJJ 4#BB1EJJ ,RELAT$ EXP5SES PD 9 ! YE>3 ,ADV]TIS+ & PROMO;N """"" 4#DJJ 4#CJJ """" 4#GJJ ,TRAVEL 99 """" 4#HJJ 4#EJJ "" 4#A1CJJ ,TOTAL """""" 4#A1BJJ 4#HJJ "" 4#B1JJJ --------------------------------------#F ,CAPITAL CO/ ALL[.E ON MOTOR VEHICLE DEDUCT$ "U P>AGRAPH #H7#A77J7 """""""""""""""""""""" 4#CEJ 99 ,! TAXPAY] MEETS ! REQUIRE;TS ( P>AGRAPH #H7#A77H72 3SEQU5TLY1 ! TRAVEL EXP5SES >E .DEDUCTI# "U T PROVI.N4 ,! AM.T DEDUCTI# "U P>AGRAPH #H7#A77Q7 =! CURR5T YE> IS CALCULAT$ Z FOLL[S3 #CJ ,,IT-#EJD;,R#B A#F --,ELIGI# >TI/S' EMPLOY;T EXP5SES 7AM.T PD = ADV]TIS+ & PROMO;N-SEE NOTE 2L7 """"""""""""""""""""""" 4#GJJ --,LIMIT "U P>AGRAPH #H7#A77Q73 ,! LESS] (3 7;I7 4#A1JJJ1 & 7;II7 4#D1EJJ 7#BJ@3P ( 4#BB1EJJ72 T IS1 """""""""""""""" 4#A1JJJ ,LESS3 CAPITAL CO/ ALL[.E """"""""""""""" 4#CEJ 4#FEJ ,AM.T DEDUCTI# "U P>AGRAPH #H7#A77Q7 =! YE> 7! ELIGI# EXP5SES ( 4#GJJ1 B N EXCE$+ ! LIMIT ( 4#FEJ7 """"""""""""""" 4#FEJ ,ELIGI# >TI/S' EMPLOY;T EXP5SES 6BE C>RI$ ONW>D 6! SUBSEQU5T YE> 74#GJJ ELIGI# M9US 4#FEJ DEDUCTI#7 """"""""""""""""""""""" 4#EJ #CA ,,IT-#EJD;,R#B B#F ,DEDUC;NS ALL[$ 9 -PUT+ ! CURR5T YE>'S EMPLOY;T 9COME3 ,CAPITAL CO/ ALL[.E 7P>AGRAPH #H7#A77J77 """"""""" 4#CEJ ,>TI/S' EMPLOY;T EXP5SES 7P>AGRAPH #H7#A77Q77 """"""""""""""""""" 4#FEJ ,TRAVEL EXP5SES 7P>AGRAPH #H7#A77H77 """"""" 4#A1CJJ ,TOTAL """"""""""""""""""""""" 4#B1CJJ ,NOTE3 ,S9CE ! TRAVEL EXP5SES ( 4#A1CJJ 7 PD 6E>N EMPLOY;T 9COME F A QUALIFY+ >TI/IC ACTIV;Y1 ! TAXPAY] CD *OOSE 69CLUDE !M 9 ! ELIGI# >TI/S' EMPLOY;T EXP5SES 9/1D ( DEDUCT+ !M "U P>AGRAPH #H7#A77H7 7! ELIGI# >TI/S' EMPLOY;T EXP5SES WD "!=E 2 4#B1JJJ 9/1D ( 4#GJJ74 ,H["E1 ! AM.T DEDUCTI# "U P>AGRAPH #H7#A77Q7 =! YE> WD REMA9 4#FEJ DUE 6! ABV LIMIT4 ,9 A4I;N1 ! 4#A1CJJ ( TRAVEL EXP5SES CD N 2 #CB ,,IT-#EJD;,R#B C#F 9CLUD$ 9 ! AM.T 6BE C>RI$ =W>D 0VIRTUE ( P>AGRAPH #H7#A77Q71 S9CE !Y >E DEDUCTI# 9 ! CURR5T YE> "U P>AGRAPH #H7#A77H7 7EV5 ?\< N ACTU,Y DEDUCT$74 ,3SEQU5TLY1 ! >TI/S' EMPLOY;T EXP5SES 6BE C>RI$ =W>D WD REMA9 4#EJ 74#B1JJJ ELIGI# M9US 4#FEJ DEDUCTI# "U P>AGRAPH #H7#A77Q7--4#A1CJJ DEDUCTI# "U P>AGRAPH #H7#A77H774 ,9 ^! CIRCUM/.ES1 X WD "!=E 2 6! TAXPAY]'S ADVANTAGE 6DEDUCT ! 4#A1CJJ "U P>AGRAPH #H7#A77H74 #BC4 ,=A 4CUS.N ON C]TA9 O!R EXP5SES : MAY 2 DEDUCT$ "U SEC;N #H 0EMPLOYEES1 9 -PUT+ 9COME F AN (FICE OR EMPLOY;T1 REF] 6! CURR5T V].N (! FOLL[+ 9T]PRET,N BULLET9S3 ,,IT-#AJC ,DUES ,PD 6A ,UNION OR 6A ,P>;Y OR ,ADVISORY ,-MITTEE ,,IT-#AEH ,EMPLOYEES' ,PROFES.NAL ,MEMB]%IP ,DUES #CC ,,IT-#EJD;,R#B D#F ,,IT-#CEB ,EMPLOYEE'S ,EXP5SES1 ,9CLUD+ ,"W ,SPACE 9 ,HOME ,EXP5SES ,,IT-#EAH ,FOOD1 ,B"EAGES & ,5T]TA9;T ,EXP5SES ,,IT-#EBB ,VEHICLE & ,O!R ,TRAVEL+ ,EXP5SES--,EMPLOYEES --------------------------------------#G ,BULLET9 ,REVI.NS ,P>AGRAPHS #A 6#AA1 #AC & #AF 6#BC H N BE5 *ANG$ S9CE ! ISSU.E ( ,,IT-#EJD;,R#B DAT$ ,AUGU/ #E1 #AIIE4 ,P>AGRAPH #AB HAS BE5 MODIFI$ 6*ANGE ! EXPRES.N 8QUALIFY+ DONEE0 6R1D 8QUALIFI$ DONEE0 Z P] ! DEF9I;N ( T EXPRES.N 9 SUBSEC;N #ADI.A7#A7 (! ,ACT4 ,7,DECEMB] #H1 #BJJJ7' ,P>AGRAPHS #AD & #AE >E REVIS$ 2C (A LEGISLATIVE AM5D;T 6SUBP>AGRAPH 7A77;III7 (! DEF9I;N ( 8TOTAL GIFTS0 9 SUBSEC;N #AAH.A7#A7 RESULT+ F ! ADOP;N ( ,S4,C4 #AIIH1 C4 #AI 7=M]LY ,BILL ;,C-#BH74 ,APPLICA# 6TAX,N YE>S T 2G9 AF #AIIF1 ? AM5D;T HAS ! E6ECT ( #CD ,,IT-#EJD;,R#B A#G 9CR1S+ ! LIMIT ( TOTAL GIFTS G5],Y 6#GE@3P (! 9DIVIDUAL'S 9COME4 ,7,DECEMB] #H1 #BJJJ7' #CE