Nunavut political contribution tax credit

You can claim a tax credit on contributions made to a candidate for an election to the Nunavut Legislative Assembly.

The annual maximum credit is $500 and is calculated as follows:

• 100% of the first $100 contributed
  plus
• 50% of the next $800 contributed

Claiming the credit

On line 899 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the total amount of qualifying contributions. On line 725, enter the amount of the credit you are claiming.

Receipts – You do not have to file official receipts with your return. However, keep them in case the CRA asks for them later. The CRA can accept photocopies only if the issuer certifies them as true copies.

Forms and publications

• Schedule 5, Tax Calculation Supplementary – Corporations

Government partners

• Nunavut (territorial site)