Gifts of ecologically sensitive land

If you made a gift of ecologically sensitive land to certain qualified donees (other than to a private foundation), the inclusion rate of zero may apply to your capital gain.

Use Form T1170, Capital Gains on Gifts of Certain Capital Property, to report the amounts.

To qualify for the capital gains inclusion rate of zero, you must meet certain conditions and other special rules may apply. For more information, see Guide P113, Gifts and Income Tax.

Forms and publications

• Guide T4037, Capital Gains
• Guide P113, Gifts and Income Tax

Related topics

• Gifts of publicly traded shares and stock options
• Ecological Gifts Program