Despite the oft-maligned paradigm of governments entering into contract with private firms to provide services and/or build infrastructure for the public good, public-private partnerships, or P3s, continue to gain steam in Canada. Skeptics say the fact that governments can borrow...
The federal Conservatives presented their 2007 budget on March 19th and there was some good news for charities, namely the elimination of capital gains tax on the donation of publicly-listed securities to private foundations. Adam Aptowitzer, a lawyer with the...
Although charities are exempt from paying taxes, the Canada Revenue Agency still requires them to fill out paperwork, namely the Registered Charity Information Return, better known as the T3010. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP,...
While cash donations are always welcome, many charities are also happy to accept gifts in kind. However, unlike cashing a cheque, it's not always clear what the value of a gift in kind actually is, which makes filling out a...
To receipt or not to receipt, that is the question. Well, actually, that's just one of the questions that crops up when a charity receives a donation. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, reviews the...
Beyond cash, there are many other types of gifts that donors can give to charity. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, reviews some of the options and what charities need to keep in mind when...
This article continues our series on a charity’s dispute with the Canada Revenue Agency (CRA). In our last article we dealt with the first formal stage of a dispute, the audit process, culminating when the charity receives a notice of...
Since June 2005, the Canada Revenue Agency (CRA) has had the power to impose penalties on charities for breaking certain rules which stop short of revoking the charity's registered status. These intermediate penalties range from a $500 penalty for not...
Our last column about international aid dealt with the views of front-line workers, NGO's and charities with regards to Canada's international aid role. Today's piece takes a look at what our government thinks about where Canada is and should be...
Our treasurer has directed us to include client names, contact information, and reason for intervention on our weekly activity reports. These reports go to the finance department and are seen by the bookkeeper, accountant, and finance committee. She said the...
