Here is an archived webinar that was originally recorded on March 23, 2011 entitled “Dangerous Opinions – Legal and Ethical Issues with Legal Opinions on Charity Law and the Income Tax Act” with David Thompson from Scarfone Hawkins LLP. Mr.…
Here is a brief note entitled Foreign Contractors of Canadian Registered Charities Carrying out the Canadian Charity’s Projects – A Very Simplified View of the Process Hopefull,y this article will help Canadian charities understand in a simplified manner how a…
The Chronicle of Philanthropy has published a lengthy article by Caroline Preston entitled “Multiple Methods of Valuing Drugs Create an Unclear Picture of Aid Totals”. It covers a number of important issues for both Canadian and US charities who either…
In March 2011 a $6 million dollar claim was launched against Redeemer Foundation and Redeemer University College and their “Forgivable Loan Program”. CRA disallowed certain years of the program. We have covered the Redeemer University on this blog in its…
I requested from CRA information about the status of Third Party Penalties (TPP). Some Third Party Penalties are applied to individuals (who are involved with charities) and some to the registered charity itself. As at August 30, 2011 CRA advised:…
Here is an article that appeared in Valuation Law Review entitled “Lemberg, et al. v. Perris” dealing with accountant liability when referring clients to charity schemes. “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of…
Here is an article in Valuation Law Review entitled Tax Donation Fallout “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of Chartered Business Valuators, www.cicbv.ca 277 Wellington St. West, Suite 710, Toronto, ON, M5V 3H2, is…
Here is an article entitled Valuation Based Charitable Donations” that appeared in the Valuation Law Review. “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of Chartered Business Valuators, www.cicbv.ca 277 Wellington St. West, Suite 710, Toronto,…
Here is a case comment on Maréchaux v. The Queen that recently appeared in Valuation Law Review. “Valuation Law Review Volume 17, Issue 2, copyright by The Canadian Institute of Chartered Business Valuators, www.cicbv.ca 277 Wellington St. West, Suite 710,…
Here is an article that appeared in Valuation Law Review entitled “Innovative Gifting Inc. and the House of the Good Shepherd, et al.” on the issue of enforcement of fundraising contracts. It is very important that charities obtain legal advice…
Here is my article Budget 2011 and new “ineligible individual” category: How this can affect your Canadian registered charity.
Here is a copy of The Valuation Law Review – Vol 17 Issue 2 September 2011 Taxation Decisions of The Canadian Institute of Chartered Business Valuators (CICBV). In this edition it discusses Marechaux, Lemberg, Lockie, Innovative Gifting and Russell and…
I will be delivering with Guillermo Correa of RACI-Red Argentina para la Cooperación Internacional a workshop on capacity building at the CIVICUS World Assembly conference in Montreal looking at the Argentinean and Canadian examples. Capacity Building, Encouraging a Culture of…
Here are letters from the CRA on a private share donation transaction in which CRA revoked the status of the 4 registered charities involved. CRA letter to Essential Grace Foundation CRA letter to Malachi_3_10_Foundation CRA letter to The…
Here is a CRA note on what is a qualified donee. If you are involved with governance or management of a charity it is important to understand what is a qualified donee because registered charities can make gifts to qualified…
The Charities Directorate on August 15, 2011 put out a note CG-008 – Confidentiality – Public Information Guidance which discusses the circumstances in which the CRA can divulge information about a charity. What most people don’t realize is that the…
The Globe and Mail published an article yesterday “Lawyers targeted over charity tax schemes”.
The Dept. of Finance has released some Legislative Proposals Relating to the ITA on August 16, 2011. These proposals deal with implementing the June 2011 budget proposals which include a number of proposals to prevent abuse of charities and RCAAAs.…
Here is an interesting Regulatory Case Report from the Charity Commission of England and Wales. It seems in the UK that one can put in on-line applications to be registered as a charity. This report covers how one or more…
A terrorist activity under the Criminal Code of Canada is dealt with in section 83.01. Criminal Code of Canada 83.01 (1) • “terrorist activity” « activité terroriste » “terrorist activity” means o (a) an act or omission that is committed…
Here is an article I recently wrote for the Canadian Donor’s Guide entitled “Receipting Takes Front and Centre in Federal Budget” You can see the article at: “Receipting Takes Front and Centre in Federal Budget” or
Here are a couple of interesting blog postings notes entitled “Budget 2011 Cracks Down on Abusive Charities” and “Beware of tax shelter donation arrangements”.
F. Max E. Maréchaux, is a partner at the law firm of Miller Thomson LLP. According to Federal Court of Appeal decision “F. Max E. Maréchaux participated in a “leveraged donation” scheme. The essence of the scheme was that, for…
Another tax preparer has been sentenced to jail for the issuance of fraudulent official donation receipts. This tax preparer was based in Etobicoke, Ontario and issued over 34 million of false receipts. Here is the Canada Revenue Agency News Release:…