March 30, 2008

Donations by Canadians to Prescribed Universities Outside Canada (Schedule VIII) Rc191-07

CRA has prepared two publications namely Donations by Canadians to Prescribed Universities Outside Canada (RC191-07) and Information for Educational Institutions Outside Canada (RC190-07).  These recent publications will be of interest to foreign universities interested in fundraising in Canada and Canadian students studying at certain prescribed foreign universities.

Essentially Canadian individuals and trusts may in certain cases claim a non-refundable tax credit when they donate to certain “prescribed” universities outside Canada.  As well corporations may be able to deduct a donation to these “prescribed” universities.  The list of prescribed universities is located in Schedule VIII of the Canadian Income Tax Regulations under the Canadian Income Tax Act.

Links to the documents at the CRA website are Donations by Canadians to Prescribed Universities Outside Canada (RC191-07) and Information for Educational Institutions Outside Canada (RC190-07).

March 21, 2008

Interesting notes on Equitable Relationships between North/South Civil Society Organizations

Every year the Canadian Council for International Co-operation hosts a discussion forum and this year it was on the Paris Declaration and aid effectiveness.  There are some interesting notes on equitable North/South CSO relations at http://ccic.ca/e/docs/002_aid_2008-02_roundtable_6.pdf  As well Brian Tomlinson of the Canadian Council for International Co-operation delivered a speech a few month ago entitled “North / South CSO relations - A Northern Perspective” at http://ccic.ca/e/docs/002_aid_2007-08_harnosand_speech.pdf

March 10, 2008

Under a Microscope –Transactions that Draw the Attention of the CRA by Blaine Langdon of CRA

“Under a Microscope –Transactions that Draw the Attention of the CRA” is a really useful discussion of issues relating to donations and receipting - a problem area for many Canadian registered charities.  It was a presentation delivered by Blaine Langdon of the Charities Directorate of the Canada Revenue Agency.

Regulation of Charitable Giving in Canada –A Presentation by Blaine Langdon

Here is a presentation by Blaine Langdon, Senior Policy Officer, of the Charities Directorate of the Canada Revenue Agency entitled
Regulation of Charitable Giving in Canada –An Update