Posted under News | What's New from the Charities Directorate of CRA | Canadian Charity Law | Ethics and Canadian Charities | Avoiding 'Charity' Scams
We have noted for a number of years that almost $500 million in “false” receipts have been issued. These are fraudulent receipts - no complicated scheme is involved and typically is no donation at all to a charity. (These are in addition to the approximate $6 billion in “abusive charity gifting tax schemes”) Typically, the taxpayer paid 10% of the donation to a tax preparer who issued them a receipt. CRA has found over 100,000 tax returns with such false receipts. Here is an example of one case involving Mr. James O. Grossett.