Abstract
Economic determinants of individual charitable donations in Canada. This paper reviews the theory, empirical evidence, and policy implications of viewing a charitable donation in Canada as a 'good' whose price is dependent on the provisions of the Income Tax Act. Tax data for the period 1968 to 1973 confirm that itemized donations respond to their implicit price, to total income, and to income from wealth. The 1971 tax reform may have decreased the propensity of Canadians to donate to charity. Four options for income tax reform as it affects charitable donations were examined: 125 per cent deductability, tax credits, matching grants, and abolition of the 'standard' $100 exemption. Matching grants seem to be the least-cost method for governments to transfer revenues to private charities.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
