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How the COIP Donation Program Works
The COIP program was developed to work in harmony with the Income Tax Act, rather than attempting to defy it.
COIP is NOT: a gifting trust, a leveraged cash donation; or a buy-low donate high program.
The unique COIP structure IS based on a series of commercial transactions that begin with a purchase (on credit) at a price BELOW fair market value and culminate with payment of the loan in full.
The manner in which valuation and advantage is addressed, and demonstrating impoverishment; is transparent in the COIP program.
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