Proposed Amendments to the Income Tax Act Are Intended to Eliminate "Buy-Low, Donate-High" Charitable Donation Arrangements.

BVResearch Pro
Chartered Business Valuators Institute (CBV Institute)
May 18, 2010
Ed Kroft
Dennis Turnbull

Summary

Three cases in this issue of the Valuation Law Review (Malette, Klotz, and Nash) involved so-called "buy-low, donate-high" charitable donation arrangements. In these cases taxpayers purchased property as part of a pre-planned series of transactions and...
Proposed Amendments to the Income Tax Act Are Intended to Eliminate "Buy-Low, Donate-High" Charitable Donation Arrangements.
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