Drache Aptowitzer LLP has been selected by their peers for inclusion in the Ninth Edition of Best Lawyers in Canada in the practice area of Trusts and Estates. To see the full announcement please click here.
Books and Records for Charities: Part II (How to Actually Keep Records)
By Alexandra Tzannidakis The failure to maintain books and records is ground for suspension of a charity’s tax-receipting privileges. Such a suspension can translate into the loss of big donations. This article is the second in a series on what “books and records” means and how to meet the requirements. Part I (An Introduction) is available […]
Accessibility for Ontarians with Disability Act (AODA)
Accessibility for Ontarians with Disability Act (AODA) By Mark S. Anshan In June 2005, the Ontario Legislature adopted the Accessibility for Ontarians with Disabilities Act (AODA), which established standards for people with disabilities to receive goods and services from companies and organizations. The Act and its regulations apply to all businesses – […]
Alberta Bound
Alberta Bound? By C. Yvonne Chenier, Q.C. On September 22, 2014, amendments to the Alberta Societies Act that we have previously alerted our readers to were proclaimed in force. New sections 36.2 and 36.3 now allow certain not-for-profit organizations to either continue from other jurisdictions into Alberta or continue from Alberta to other jurisdictions. This […]
CRA puts Federally-Incorporated Charities on Notice
CRA puts Federally-Incorporated Charities on Notice By Joel Secter In September, we received a number of inquires from charities that received alarming letters from the Canada Revenue Agency’s Charities Directorate with regard to keeping their registered charity status under the Income Tax Act. Apparently, in anticipation of the October 17th deadline for federal corporations to […]
Ineligible Individuals
Ineligible Individuals By Tanya L Carlton Canada Revenue Agency (CRA) recently released a new guidance on Ineligible Individuals (CG-024). The Income Tax Act (ITA) provisions around whether or not someone is an ineligible individual came into force on January 1, 2014, and the charities sector has been waiting for a more concrete explanation on […]
CNCA TIDBITS
CNCA Tidbits Karen J. Cooper With the arrival of the deadline of October 17, 2014, the date by which federal corporations must continue under the new Canada Not-for-Profit Corporations Act (“CNCA”), if a federal corporation has not continued all is not lost but corporations should be continuing as soon as possible. We understand that […]
New CRA Ruling on Making Loans to Foundations
New CRA Ruling on Making Loans to Foundations By Alexandra Tzannidakis, LL.B. In July of this year, the CRA issued a ruling around making loans to charitable foundations. The ruling was requested by a taxable corporation that had set up its own foundation, a registered charity. The corporation wanted to know what the tax consequence […]
Spousal Sharing of Charitable Tax Deductions Goes From Policy to Law
By Alexandra Tzannidakis The 2014 Budget proposals have started to take real legislative shape. On August 29th, the Department of Finance released draft legislative proposals for consultation. The proposals mostly affect various aspects of personal, business, and international taxation, but there is also an interesting change being made to the charitable giving world. The draft legislation […]
Directors’ Liabilities under the CNCA
By Tanya Carlton In June 2014, I discussed the issue of Director’s and Officers’ duties under the Canada Not-for-Profit Corporations Act (“CNCA”). Another important aspect that volunteers should be aware of when they serve on Boards of either charities or not-for-profits (“NPOs”) is the personal liability that can arise in their roles as Directors. Along […]
- « Previous Page
- 1
- …
- 23
- 24
- 25
- 26
- 27
- …
- 44
- Next Page »