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What is fair market value (FMV)?
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5 l% r" u% r. R) G! F24. The Income Tax Act does not define FMV. The generally accepted meaning, however, is the highest price, expressed in a dollar amount, that the property would bring, in an open and unrestricted market, between a willing buyer and a willing seller who are both knowledgeable, informed, and prudent, and who are acting independently of each other.: n/ J- K. O4 m e
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(quote from http://www.cra-arc.gc.ca/tax/cha ... es/ces-009-e.html).# E* T) g+ D$ m) K
4 p" i6 N, ` {0 y你给的发票比捐赠的多,属于fraud吧?. S! Q. b! ?" a" R E) J! b
" D7 ?; U; ^+ Y& f" ]! H天上不会这么容易掉馅饼了,省里要给的400块是特例。 |
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