By Karen Cooper A recent decision of the Tax Court of Canada serves as a reminder that not all land is held by a donor on account of capital and that the tax consequences of a particular gift may not be obvious. In Staltari v. The Queen (2015 TCC 123), the Tax Court of Canada considered […]
Proposed Changes for Charities and NPOs Operating in China
By Karen J. Cooper The second draft of a new law dealing with the activities of foreign non-governmental organizations operating in China has been released for public consultation on the website of the National People’s Congress of the People’s Republic of China.[i] This law, The People’s Republic of China Overseas NGO Management Law (Second Draft) […]
Canadian/American Cross-Border Conservation Success
By Karen Cooper A rare potential conservation donation in Georgian Bay, Ontario, with a common potential environmental conservation tax barrier recently produced a successful gift and good news for taxpayers and land conservation organizations. The Georgian Bay Land Trust (GBLT) had an opportunity to protect an undeveloped island featuring undisturbed stands of White Pine and […]
It Gets Better and Better
By Karen J. Cooper The Income Tax Act provides favorable treatment for gifts of ecologically sensitive land, and partial interests in land through the Ecological Gifts Program (EGP). This treatment includes an elimination of taxable capital gains realized on the disposition of ecologically sensitive land and the provision of a tax credit or a deduction […]
Social Enterprise and HST
By Karen J. Cooper With the increase interest and involvement in social enterprise and other revenue-generating activities, charities are often unsure whether such revenue-generating activities requires them to collect and remit HST, similar to the for-profit sector. The following article discusses how HST affects charities, and specifically how HST affects charities that raise funds from […]
HST and Sponsorships for Charities
By Karen J. Cooper Charities are often unsure whether soliciting and accepting corporate sponsorships requires them to collect and remit HST, similar to the for-profit sector. The following article discusses how HST affects charities, and specifically how HST affects charities that solicit sponsorship money. It is important to note from the outset of this article […]