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Author: AllanW100 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1193  
Subject: Donation of flow-through shares Date: 11/23/2010 12:04 PM
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I have recently been offered to participate in a plan where I would invest in flow-through shares of a gold exploration company, publicly traded on the TSX, and proceed to donate the shares immediately. I would therefore benefit from both the deductions for exploration costs and the donation tax credits. The net cost to me would be approximately 4% of my initial investment.

Has anyone participated in such tax shelters? Did it withstand a CRA audit?

Cheers,

Allan
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