Topics: News, What's New from the Charities Directorate of CRA, Canadian Charity Law, Ethics and Canadian Charities
I just read this CRA FAQ with the latest numbers on abusive gifting charity tax shelters. "As of March 31, 2014, the CRA has denied more than $6.3 billion in donation claims and reassessed over 190,000 taxpayers who participated in these gifting tax shelters. The CRA has also assessed more than $162 million in third party penalties against promoters and tax preparers."
You can see the FAQ here.
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.