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Political Contributions Tax Credit

Amount:$750.00 Type of Program:Tax Credit Description:The Political Contributions Tax Credit can be claimed by individuals or corporation on the contributions made to candidates and recognized parties, as defined under the Nova Scotia Elections Act. Comments on Funding:The annual amount of the credit is the lesser of 75% of the contributions and $750. When It Ends:Ongoing Deadline:Rolling…

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Political Contributions Tax Credit

Amount:$500 Type of Program:Tax Credit Description:The Political Contributions Tax Credit is a non-refundable tax credit on contributions made to registered political parties, registered district associations or registered non-affiliated candidates.Comments on Funding:The Political Contribution Tax Credit is equal to the lesser of $500 or the sum of:$75% of the total contribution amount if the total amount…