Summary Policy

Date
September 3, 2003

Reference Number
CSP - P15

Key Words
Prescribed donee

Policy Statement

A prescribed donee is a charity outside Canada whose purpose is to hold title to land in Canada or to transfer land to a registered charity in Canada for conservation purposes.

References

• Donor, CSP - D17.
• Qualified Donee, CSP - Q01.
• Income Tax Act, R.S.C. 1985 (5^th supp.) c. 1, ss. 118.1(6).
• Income Tax Regulations, C.R.C. 1978, c. 945, s. 3504.