Thursday, 3 October 2024, 10:17 AM
Site: RRU Open Educational Resources
Course: Give Green Canada (Give Green Canada)
Glossary: Here is a Helpful Glossary of Gift Planning
I

Income Tax Act

Federal legislation, administered by Canada Customs and Revenue Agency (CCRA).

Interest in land

A right to have the advantage from something. One or more of the ownership rights of land. A conservation covenant or an easement is an interest in land. See also Estate.

Inventory

Items bought for use or resale by a business, relevant in calculating profit from a business.