Charitable and non-profit entities may receive a range of tax advantages, some of which can potentially be quite significant. One such advantage is a break on property taxes. In Ontario, the Assessment Act provides a full exemption from property tax to various charitable and non-profit outfits, including religious organizations, care homes, child care centres, cemeteries, […]
It’s a Whole New Ball Game for Charities at the FCA
Canadians are well used to attending at various tribunals, boards, and panels. The assumption is that the decision makers at these bodies are subject to certain rules to ensure that they operate fairly and come to decisions that are applied legally. Parliament and the various provincial legislatures have set up these quasi-courts to take advantage […]
New Digital Services for Charities
As of June 1, 2019, the Canada Revenue Agency offers new digital services for charities through their platform, My Business Account (“MyBA”). You, your employee, or your Authorized Representative can do the following tasks online: apply to become a registered charity, a registered Canadian amateur athletic association (RCAAA), or registered national arts service organization (RNASO) […]
CRA gets the message (again)
By: C. Yvonne Chenier The Consultation Panel on the political activities of charities that was appointed by the Minister of National Revenue in 2016, recently submitted their report.[1] While the main recommendations of the Panel, were to “make changes to enable charities to fully participate in public policy dialogue and development”[2] , and to […]
Government Moves on Charity Political Activities File
By: Arthur Drache Having been given cover by an independent group of charity practitioners’ Report, the government has abandoned all aspect of the “project” of the CRA examining charity political activities. Last September, the Minister of National Revenue launched a consultation process with the charitable sector and the public to assist in clarifying the rules […]
Beware the Usual Rules
By: Adam Aptowitzer Charities and not-for-profits are obviously subject to a layer of laws that are related to their special status. Often overlooked though, is that they are equally subject to the same rules and regulations as other economic actors. Indeed, sometimes there are linkages between these two worlds making the need for good […]
Charter Challenge to Political Activities of Charities
By: Alexandra Tzannidakis When the Liberals came into power last year, the new Minister of National Revenue announced that she was putting a halt to the “political activities” audit of charities that the previous administration had been conducting for the past few years. In practice, this meant that the charities in line to be audited […]
CRA Updates on Split-receipting
By: Kara Johnson On November 8, the CRA issued Income Tax Folio S7-F1-C1, Split-receipting and Deemed Fair Market Value. The Folio Chapter replaces and cancels Interpretation Bulletin IT-110R3, Gifts and Official Donation Receipts and Income Tax Technical News No. 26 (ITTN 26). Most of the content of the Folio is either merely restating or rewording […]
Act Now or Forever Hold Your Political Activities Peace!
By: Sukhdeep Singh Sembi Following the dissolution, earlier this year, of the political activities audit program, the CRA wishes to receive input from the public in order to modernize the rules regarding political activities for charities. The process will consist of email submissions and in-person consultations with representatives from the charity sector moderated by an […]
The Right to Remain Silent
By: Adam Aptowitzer Practically every tax professional in the country has had to deal with the situation which arises when the CRA bases its reassessing position on the basis of an oral comment to the CRA. The difficulty is that there is no proof the comment was made or it may have been the result […]
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