US charitable contributions by residents of Canada -

listen to David Ingram most Thursdays on Channel 114 Sirius Radio
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401(K)
The Wikipedia project is current trying to raise some money to
assist the project.
In case you do not know about this project, you can find it at
www.wikipedia.org
and for the most part I have stopped using search engines because
in nearly  all  cases
I find the information I am looking for in Wikipedia.
Anyway, the matter at hand concerns the following page:
http://wikimediafoundation.org/wiki/Deductibility_of_donations
which contains, in part, the following citation:
  Other countries
  Donations from individuals who are not U.S. residents or
nationals may or may not be tax-deductible — questions about such
donations should be directed to a tax professional. Donors living
outside the United States should determine whether there is a tax
treaty with the United States and their country or other law that
would allow them to deduct a donation to Wikimedia from their
income. Currently there are tax treaty provisions for
deductibility in some cases for Canadian, Mexican and Israeli
taxpayers. Again, ask a tax professional for specifics.
I invite comment on this, assuming that the Wikimedia Foundation
has a valid 501(c)3 registration in the USA.
===============================
david ingram replies:
I can not speak for other countries but Canada will only allow a
charitable donation for donations made to an "alma mater" - i.e.
a US university or college that the Canadian resident graduated
from.
UNLESS
The Canadian resident has net US income which could be wages,
interest, dividends, rents, royalties or self employment.
In this case, the Canadian resident is able to deduct up to 75%
of the amount of the net US source income.
If one does not have any of these items, and the person does have
Investment income in Canada, the person should transfer enough of
the Canadian Investments into US investments so that the
charitable deduction can be used against the US sourced income.
--------------
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CEN-TA Cross Border Services - Tax, Visas, Immigration
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