CRA adds various pages on revoking registrations of Canadian registered charities
Published under: What's New from the Charities Directorate of CRA | Canadian Charity Law
The Charities Directorate of CRA has added a number of new pages dealing with revoking registrations of Canadian registered charities. These pages will help a charity that is either proposed to be revoked or has been revoked understand its rights and obligations. Here is What’s New http://www.cra-arc.gc.ca/chrts-gvng/chrts/whtsnw/menu-eng.html and here is the section on revocation: http://www.cra-arc.gc.ca/chrts-gvng/chrts/rvkng/menu-eng.html
I have discussed before the dangers of having a “dormant” charity that just files its T3010 to maintain its registered status. Essentially that could be taken over by some “evil-doers” and the charity’s receipting privileges could be misused. The section on voluntary revocation sets out quite succinctly and easily how a charity can apply for voluntary revocation http://www.cra-arc.gc.ca/chrts-gvng/chrts/rvkng/typs/vlntry-eng.html If you are involved with a dormant charity you should read the section on voluntary revocation. Also keep in mind if your charity has assets they need to be dealt with appropriately.

Comments
There are no comments for this entry yet.
Post a Comment