CRA is cracking down on tax preparers who prepare fraudulent donation receipts. Here is an example of a recent press release from the CRA. News release Toronto tax preparer gets house arrest for tax fraud Toronto, Ontario, December 1,…
Are you a Federal non-profit corporation currently under the Canada Corporations Act?. If so in the next 3 years after the new Canada Not-for-Profit Corporations Act comes into force will have to continue/transition to the new Act. Corporations Canada will…
The Charities Directorate of the CRA has updated various pages dealing with registered charity disbursement quota obligations. See the Charities Directorate’s What’s New page at 2011-01-25 The following Web pages have been updated due to amendments to the Income…
Here is the January 2011 Blumbergs Canadian Charity Law List. Charity Law Education 1) Upcoming Free Charity Law Webinars Are you concerned about receipts issued by your charity? Is your charity compliant with CRA requirements under the Fundraising Guidance? Here…
The CRA has revoked the registration of Operation Save Canada’s Teenagers and Revival Time Ministries International as a charity. Here are copies of the actual CRA letters to the two registered charities: Copies of Letters to Two Charities Also the…
Finance Canada has just posted the Tax Expenditure Reports and Evaluations which has information on estimates and projections of the cost of certain tax deductions and credits including the charitable donation tax credit (personal) and the charitable donation deduction (corporate).…
A new Form T3010-1, Registered Charity Information Return, and amended Guide T4033-1, Completing the Registered Charity Information Return, are now available online at the CRA site. Charities with fiscal periods ending on or after March 4, 2010, that have not…
InterAction is the “largest alliance of U.S.-based international nongovernmental organizations (NGOs) focused on the world’s poor and most vulnerable people.” They have just launched a blog. It will be interesting to see the information and discussions that take place. Here…
The Charities Directorate has announced it will be presenting the following topics for 2011: February 2: T3010-1: Line by Line Review; February 23: Activities Outside Canada; March 16: Political Activities To register go to ———— Charities Information Webinar Registration…
Here is a copy of the new CRA Guide T4033-1 Completing the Registered Charity Information Return. This guide will help Canadian registered charities complete the T3010-1 Registered Charity Information Return. The new Guide is shorter as a large part of…
The US organization Charity Navigator is in the process of revamping its rating system of charities to provide more information and weight to the issues of accountability and transparency. Although Charity Navigator does not rate Canadian charities, the issue of…
We have blogged on the Public Sector Compensation Restraint to Protect Public Services Act, 2010 which was announced in the Ontario budget. Well it appears that the Public Sector Compensation Restraint Board is now in place and has a website…
GuideStar Israel is being beta tested. It will provide a combination of government and NPO information on non-profits in Israel. It is only a beta test but it is an important step forward for donors and those interested in the…
Here is an updated version of my article Ten Reasons your Canadian Charity Should File its T3010 on Time. The number one reason that Canadian registered charities lose their charitable status is failure to file their T3010. Make sure your…
Here is an interesting note dealing with US charity regulation and how less charity regulation and oversight can result in greater misuse of charities by admittedly a small number of people. Here is the article entitled “WE GET WE GET…
Here is the T3010-1 Registered Charity Information Return which replaces the T3010B for charities with fiscal year ends on or after December 1, 2010. [ed. CRA has subsequently said the T3010-1 can be used for fiscal year ends after March…
Here is an interesting 20 page study on The Nonprofit Technology Gap – Myth or Reality? from Johns Hopkins University. Non-profits are certainly using technology [“The vast majority of all organizations (98 percent) reported using information technologies for program/service delivery;]…
I am co-chairing this Ontario Bar Association program for the Charity and Not-For-Profit Law section at the OBA’s Institute 2011. The OBA Institute is the largest continuing legal event in Ontario. Lawyers may find this program helpful if they are…
Imagine Canada has released a “Guide to Giving”. In addition to discussing “What should I look for before giving to a charity?” it also discusses “How can I find out how much a charity spends on fundraising? Is this regulated?”,…
Here is a letter from CRA discussing the question Is the African Development Bank a prescribed international organization under Income Tax Act Canada Here is the text version: LANGIND E DOCNUM 2010-0371291I7 AUTHOR Lewis, Shelley DESCKEY 26 RATEKEY 2 REFDATE…
The Canada Revenue Agency has issued a “Tax Alert” entitled “Warning: If you donate to a gifting tax shelter, expect to be audited.” I know that the Tax Alert came out December 23, 2010 but if you are considering investing…
Canadians are ostensibly a generous people. They give on average about 1 billion per year in donations to registered charities for internationally philanthropy that targets the poor around the world. On the other hand remittances from Canada to developing countries…
Here is a press release from the Department of Finance: “The Department of Finance today launched a public consultation on the international assistance payments it administers. The consultation is a requirement under the Official Development Assistance Accountability Act for all…
Here is a note from AFP on C-470.