Quote:
Originally Posted by Tiger
From what I understand (I know some people who do this), your donation is actually buying medical supplies at cost, then you donate the medical supplies at 'fair market value' instead of cost therefore you donation reciept is greater than your actual donation
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My friend does this, and this is the line he gives.
I dont have enough disposable income to go up against the CRA if they were to audit me on this stuff. He used the food example instead of medical supplies but same thing I would assume.
MYK