Ontario Tax Credit
For Political Contributions - effective Jan 1 2008 & later
Personal Tax Credit
Calculations |
TOTAL CONTRIBUTION |
CREDIT CALCULATION |
MAXIMUM CREDIT |
Up to $372 |
75% of contribution |
$279 |
$372 to $1,240 |
$279 plus 50% of the amount over $372 |
$713 |
More than $1,240 |
$713 plus 33 1/3% of the amount over
$1,240 |
$1,240 |
|