The Charities Directorate of the CRA has updated various pages dealing with registered charity disbursement quota obligations. See the Charities Directorate’s What’s New page at http://www.cra-arc.gc.ca/chrts-gvng/chrts/whtsnw/menu-eng.html
The following Web pages have been updated due to amendments to the Income Tax Act:
•Filing the T3010-1 information return http://www.cra-arc.gc.ca/chrts-gvng/chrts/prtng/rtrn/flngb-eng.html
•Disbursement quota calculation http://www.cra-arc.gc.ca/chrts-gvng/chrts/prtng/spndng/clclb-eng.html
•Meeting the disbursement quota http://www.cra-arc.gc.ca/chrts-gvng/chrts/chcklsts/dqb-eng.html
•Asking for permission to accumulate property (funds) http://www.cra-arc.gc.ca/chrts-gvng/chrts/prtng/rqsts/ccmlt-eng.html
Do you require legal advice with respect to Canadian or Ontario non-profits or charities?
Mark Blumberg is a partner at the law firm of Blumberg Segal LLP in Toronto and works almost exclusively in the areas of non-profit and charity law.