Government of Canada Announces Enhanced Adoption Tax Credit

Date: March 22, 2013 Author: Mantis System Categories: Adoption News
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The Canadian government has taken an important step in supporting adoptive families by expanding the federal adoption tax credit in the 2013 budget, says the Adoption Council of Canada.
 
Until now, the tax credit has primarily been claimed by families adopting internationally, who face steep up-front costs as they build their families.  These changes will now make it easier for families adopting from the foster care system within Canada to claim the credit as well.   Costs associated with the mandatory homestudy and pre-service adoption preparation training would now be covered under the proposed enhancement.

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