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…
Here is a note on “Which Universities Outside of Canada are prescribed universities under Schedule VIII of the Income Tax Act (Canada) and therefore qualified donees?” Which Universities Outside of Canada are prescribed universities under Schedule VIII of the Income…
As noted on this blog in June of this year the Supreme Court of Canada denied leave to appeal in the case of F. Max E. Maréchaux v. Her Majesty the Queen F. Max E. Maréchaux v. Her Majesty the…
The Canada Revenue Agency (CRA) has updated “Attachment to IC84-3R, Gifts to Certain Charitable Organizations Outside Canada” to add The Rhodes Trust – Public Purposes Fund based in the UK. This is effective as of December 15, 2010. This means…
David Baines, a reporter for the Vancouver Sun, has written another article as part of a series entitled “CRA says charities operated for ‘no obvious charitable purpose’”. Here is the article by David Baines “CRA says charities operated for ‘no…
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…
The CRA has announced the date and time of the 2011 Charities Information Sessions that CRA is offering. Here is a link to the CRA website:
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 CRA has just issued a revised guidance on “Donation of Gift Certificates or Gift Cards Guidance”. This guidance replaces Policy Statement CPS-018, Donations of Gift Certificates. Gift certificates and gift cards are frequently donated to charities but can the…
The CRA on August 22, 2011 published their Guidance CG-011, Promotion of Animal Welfare and Charitable Registration. CRA had completed and public consultation and here is the revised guidance. Here is the link: Here is the summary from the…
The Globe and Mail published an article yesterday “Lawyers targeted over charity tax schemes”.