2011 Fine Wine Auction

Collecting Your Wine
Iron Gate Private Wine Management is the official storage facility of the TSO Fine Wine Auction and is also responsible for collection, inventory management and delivery to the final purchasers.

Wines will be made available from Friday, October 28 and after at Iron Gate's offices at 532 Front Street West, Toronto. In order to ensure prompt service please call 416-234-9500 to make an appointment.

Alternatively, Iron Gate can deliver to your home or office (within the GTA) for a fee of $20 per lot to a maximum of $60 per delivery. Outside the GTA, please call 416-234-9500 for a quote.

Wine buyers pay only the hammer price on wine purchases. There are no additional taxes or fees because we are formally recognized as a charity auction.

Benefits of Donating Wine
The Volunteer Committee accepts donations of your wine cellar or any portion thereof for this prestigious, annual event. To make a donation, call the TSVC office at 416.593.7769 x359 or email tsvc@tso.ca or download the wine donor form (PDF 2.6 MB).

• As a donor, you are recognized in the Wine Auction catalogue for supporting the TSO and its education and outreach programs, and you will receive a copy of the catalogue
• If you contribute wine valued at more than $1,500 you will receive two complimentary tickets to a TSO concert
• All donors receive an invitation to an exclusive TSO rehearsal (past rehearsals have included world-renowned guest artists such as Yo-Yo Ma, Lang Lang)
• Your donation is picked up by our wine storage facility free of charge
• You will receive a tax receipt based on the appraised value of your wine donation
• A tax receipt will be provided to donors to use as a personal income tax credit (provincial (ON)/federal):
  • 21.05% [*] on the first $200 donated
  • Increases to a credit at the highest marginal tax rate of 40.16% [**] of amounts over $200
  • For example: a bottle of wine valued at $1,000 will generate a tax credit of 21.05% on the first $200 equivalent to $42.10, and a tax credit of 40.16% on $800 equivalent to $321.28, for a total tax credit of $363.38. Credits apply to reduce basic tax. The greater the donation amount, the greater the tax credit.
  • Donors can claim all or part of this credit up to a limit of 75% of net income (except in the year of death or immediately preceding year, the ceiling is 100% of net income).
  • Donations must be made by Dec 31st to be claimed against income for the current year. However, as a donor, you do not have to claim all donations on the current-year return. Donors can carry forward donations and claim them for any of the next five years.

[*] 21.05% on first $200 donated - Provincial (ON) 6.05%; Federal 15%
[**] 40.16% of amounts over $200 - Provincial (ON) 11.16%; Federal 29%. Based on 2009 Provincial (ON) and Federal rates

Download the 2011 wine catalogue.