The danger of bad faith complaints to CRA Charities Directorate
On April 30, CRA Charities Directorate sent out a “What’s new” email to its mailing list that included a discussion of “Reporting suspected non-compliance by registered charities”. While we do not recommend or support non-compliance with a charity’s tax obligations, we […]
Trust reporting rule – A new (and unnecessary) compliance burden for registered charities?
The Canada Revenue Agency has clarified on November 10, 2023 that charities are not required to file T3 information returns for internal trusts. Please see our November 10, 2023 Social Impact Newsletter article for more information. As part of seeking […]
2023 Federal Budget: Highlights for the Charitable and NPO Sector
On March 28, 2023, the Honourable Chrystia Freeland tabled a new federal budget (the “2023 Budget”). The 2023 Budget sets out the Government of Canada’s spending priorities for the years ahead. These priorities include making life more affordable, investing in […]
Robert Hayhoe and Stephen Hsia contribute to The Legal Industry Reviews: Canada
The Legal Industry Reviews: Canada
Robert Hayhoe and Stephen Hsia write on “Canadian charities funding organizations abroad: New rules make it easier” for the Canadian edition of The Legal Industry Reviews: New rules should make it easier for Canadian charities to fund organizations carrying out […]
The new qualifying disbursements rules: An improvement?
The proposed qualifying disbursements rules have since changed since the publication of this article. Please refer to Miller Thomson LLP’s article, ‘Funding non-qualified donees just got one step easier for Canadian charities’ dated June 6, 2022, which summarizes the latest […]
CRA issues helpful clarification on NPO reserves
A non-charitable, non-profit organization is required by the Income Tax Act of Canada to be “operated for a purpose other than profit.” In the past, the CRA has suggested that any accumulation of surplus by an NPO beyond its immediate […]
(Another) Update on COVID-19 pandemic economic and tax measures for charities and not-for-profits
This topics in this article are changing rapidly as the COVID-19 crisis unfolds. As such, we encourage you to check with Miller Thomson LLP’s Social Impact group for timely updates. Canada’s federal government continues to announce new economic measures and […]
COVID-19 pandemic economic and tax measures for charities and not-for-profits
Canada’s federal government continues to announce new economic measures to help stabilize the economy during the COVID-19 pandemic. Outlined below are the measures announced thus far by the federal government, along with expansions to existing programs, that are available to […]
Canadian Income Tax on US Charities
How does a US charity make sure that it does not pay Canadian tax? By applying for an exemption letter from the Canada Revenue Agency (CRA). In Canada, only a charity that is a Canadian registered charity is exempt generally […]
NPO Tax Returns – Late Filing
Incorporated non-charitable not-for-profit organizations (“NPOs”) must file a T2 tax return with the Canada Revenue Agency (“CRA”) just like a taxable for-profit corporation. Additionally, each NPO, regardless of organizational form, that meets certain financial thresholds must file a T1044 Non-Profit […]
