David Baines article on Via Project donation scheme

Posted by .(JavaScript must be enabled to view this email address) on 11/19/2011 | comments (0) | permalink | forward to a friend
Posted under News | What's New from the Charities Directorate of CRA | Avoiding 'Charity' Scams

David Baines of the Vancouver Sun just wrote an article dealing with the VIA Project entitled “Ontario company pitching controversial charitable donation scheme in Victoria:  Canada Revenue Agency has disallowed similar ‘buy low, donate high’ schemes”

Here is a link to David Baines article:
Ontario company pitching controversial charitable donation scheme in Victoria: Canada Revenue Agency has disallowed similar ‘buy low, donate high’ schemes

http://www.vancouversun.com/business/Ontario+company+pitching+controversial+charitable+donation+scheme+Victoria/5738001/story.html

Macleans Magazine had an article on the VIA Project:
“An artful scheme: One firm’s pitch to help people use a tax shelter by buying and then donating old photos is raising eyebrows in the art world and words of caution from experts”
http://www2.macleans.ca/2010/07/22/an-artful-scheme/


I have written before on the Maclean article:
http://www.canadiancharitylaw.ca/index.php/blog/comments/macleans_article_an_artful_scheme_on_use_cultural_property_as_part_of_tax_s/


Here is a note entitled “Advisory on Tax Shelter Gifting Arrangements by the Canadian Cultural Property Export Review Board”
http://www.globalphilanthropy.ca/index.php/blog/comments/advisory_on_tax_shelter_gifting_arrangements_by_the_canadian_cultural_prope/

If you are interested in understanding the Cultural Property regime you might find this blog note useful:

The Nuts and Bolts of Gifts involving Cultural Property” by Florence I. Carey -great Canadian paper
http://www.canadiancharitylaw.ca/index.php/blog/comments/the_nuts_and_bolts_of_gifts_involving_cultural_property_by_florence_i._care/

Charity Lawyer Mark Blumberg

Mark Blumberg is a lawyer at Blumberg Segal LLP in Toronto, Ontario.
To find out more about legal services that Blumbergs provides to Canadian charities and non-profits please visit www.canadiancharitylaw.ca or www.globalphilanthropy.ca

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