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Supreme Court Upholds Terrorism Definition in R. v. Khawaja case

On December 14th, 2012, the Supreme Court of Canada delivered its ruling in the case of R. v. Khawaja, 2012 SCC 69.  Much of this case centered on whether the Criminal Code of Canada definition of “terrorist activity” was constitutional. …

CRA letter on Payments to Members

CRA recently released a letter dealing with whether an organization under section 149(1)(l) of the Income Tax Act can pay surplus out to its members. In this case, a non-profit organization was providing internet services to its members.   The…

CRA releases Arts Activities and Charitable Registration Guidance

CRA has releasted its guidance on “Arts Activities and Charitable Registration Guidance” (CG-018).  CRA had conducted an earlier consultation on arts and charity registration and this is the final version. Here is a summary “Arts Activities and Charitable Registration Guidance…

Chronicle of Philanthropy questions gift in kind valuations again

Doug Donovan and Caroline Preston in the Chronicle of Philanthropy have written another article on inflated gift in kind valuations.  Here is an interesting quote “Accounting principles may be applied differently by different groups to similar facts, but at some…

Canadian Private Foundations – Who had the largest total expenditures

We recently reviewed the private foundations contained on the T3010 Registered Charity Information Return for 2011. In this case we looked at the approximately 500 private foundations on the database who had the greatest total expenditures according to their T3010…

CRA letter on donation of flow-through shares to Canadian charity

The CRA has released a letter providing general comments on the measures enacted in the 2011 federal budget with respect to the donation of publicly-listed securities to registered charities.   The article provides details regarding the tax implications involved in…

Some recent revocation letters from CRA for various charities

Here are some recent revocation letters from CRA in which the Charities Directorate explains why they revoked certain charities for cause. The Canadian Quadraplegic Association Bette’s Single Family & Senior Food Bank.  CRA noted “The Canad~ Revenue Agency’s (CRA) audit…

Canada Revenue Agency warns Canadians about tax protester schemes

The CRA recently posted an article on its website with some useful information regarding promoters of tax evasion schemes. CRA points out that it is increasing its efforts to audit and prosecute promoters of tax evasion schemes. Here is the…