Question: "I would like to contribute to your campaign, is it tax deductible?"
My Answer: "Thank you. No, municipal campaign contributions are not tax-deductible. I will issue you a receipt. And, just a reminder, you must be a resident of the Province of Alberta to make a contribution as an individual to my campaign. Contributions can be made by e-transfer to my email address [email protected] or by cash directly to me, you must include:
in the transaction notes: your full name, full Alberta address, phone number and should note 'campaign contribution' If you fail to clarify and provide this information your contribution will be returned to you. Your contribution will be made directly to me as an individual - Kevin M. Klerks
By law, the names of anyone who donates to my campaign will be publicly available on the official Elections Red Deer website.
Alberta Municipalities: "We worked with Municipal Affairs to clarify that candidates are not required to open a dedicated campaign bank account unless their contributions (including self-funded) exceed $1,000.
For further clarity, the LAEA requires all candidates to open a bank account once they exceed $1,000 in total contributions. This includes monetary contributions made by the candidate for their own campaign. Again, if a candidate’s contributions do not exceed $1,000, they are not required to open a campaign bank account."
Any contribution $50.00 or less is not required to be classified as a contribution, unless the donor specifically requests it. If requested, the chief financial officer (CFO) for the political participant must classify and report the amount as a contribution and issue an official contribution receipt to the donor.
My Answer: "Thank you. No, municipal campaign contributions are not tax-deductible. I will issue you a receipt. And, just a reminder, you must be a resident of the Province of Alberta to make a contribution as an individual to my campaign. Contributions can be made by e-transfer to my email address [email protected] or by cash directly to me, you must include:
in the transaction notes: your full name, full Alberta address, phone number and should note 'campaign contribution' If you fail to clarify and provide this information your contribution will be returned to you. Your contribution will be made directly to me as an individual - Kevin M. Klerks
By law, the names of anyone who donates to my campaign will be publicly available on the official Elections Red Deer website.
Alberta Municipalities: "We worked with Municipal Affairs to clarify that candidates are not required to open a dedicated campaign bank account unless their contributions (including self-funded) exceed $1,000.
For further clarity, the LAEA requires all candidates to open a bank account once they exceed $1,000 in total contributions. This includes monetary contributions made by the candidate for their own campaign. Again, if a candidate’s contributions do not exceed $1,000, they are not required to open a campaign bank account."
Any contribution $50.00 or less is not required to be classified as a contribution, unless the donor specifically requests it. If requested, the chief financial officer (CFO) for the political participant must classify and report the amount as a contribution and issue an official contribution receipt to the donor.