Gifts of ecologically sensitive land

If you made a gift of ecologically sensitive land to a qualified donee (other than a private foundation), the net capital gain might be eligible for an inclusion rate of zero.

To report the amounts, complete and attach Form T1170, Capital Gains on Gifts of Certain Capital Property, to your return.

To qualify for the capital gains inclusion rate of zero, you must meet certain conditions, and other special rules may apply. For more information, see pamphlet P113, Gifts and Income Tax.

Forms and publications

• Guide T4037, Capital Gains
• Pamphlet P113, Gifts and Income Tax

Related topics

• Adjusted capital gains on gifts from Form T1170
• The Ecological Gifts Program