CRA confirms right of GREs to carry forward donations for five years

CRA confirmed that a charitable gift can be included in the calculation of total charitable gifts of a graduated rate estate or a former GRE for the taxation year in which the donation was made or in the five taxation years following that of the donation.

Neal Armstrong. Summary of 7 October 2016 APFF Roundtable, Q.6 under s. 118.1(1) – total charitable gift – s. (c)(ii).