Changements à l’impôt minimum de remplacement dans le budget de 2023 : attention aux dons de titres cotés en bourse
Les clients bien nantis qui prévoient faire don de titres cotés en bourse (ex. : actions de sociétés, FNB, parts de fonds communs de placement) à des organismes de bienfaisance doivent prendre garde aux changements fiscaux peu avantageux proposés dans le […]
Donations of time and money do not create a trust: A look at Mee et al. v. Y.M.C.A.
A recent decision of the Ontario Superior Court of Justice was unequivocal in its refusal to recognize a trust in certain recreational lands owned by the YMCA. The court did not mince its words. It said to find otherwise would […]
Trustees, failure to act & personal liability – a reminder of what it means to be a fiduciary
The recent decision of the Ontario Court of Appeal in Penman v. Penman (119 O.R. (3d) 128) serves as a good reminder to trustees of their duties and responsibilities when acting as trustee and the consequences of failing to act […]
Analyse du budget fédéral
Analyse du budget fédéral
CRA Releases Guidance on Charitable Trust Requirements
On August 15, 2011, the CRA released Guidance CG-009 concerning the requirements of a charitable trust. Registered charities (charitable organizations, public and private foundations) can be established as corporations, unincorporated associations and charitable trusts. While a trust can be used […]
Refusing Membership
The recent decision of the Ontario Superior Court of Justice in Re London Humane Society serves as a useful reminder to charities, not-for-profits, and their directors about the rules and considerations applicable to a decision to change membership policies and […]
