Lang & O’Leary Exchange deals with charity tax shelters - interview with Mark Blumberg
Posted by Mark Blumberg on 09/16 | comments (1) | permalink | forward to a friend
Published under: Canadian Charity Law
Published under: Canadian Charity Law
On September 15, 2010 I appeared on the Lang & O’Leary Exchange to discuss charity gifting tax shelters and the ongoing CRA crackdown.
Here is the link and the segment appears at about 46:08 to 52:01:
http://www.cbc.ca/video/#/News/Money/Lang_&_O’Leary_Exchange/1319430780/ID=1592351530
http://www.cbc.ca/video/#/News/Money/Lang_&_O’Leary_Exchange/ID=1592351530
Kevin O’Leary commented on charity gifting tax shelters: “But in the end I just listen to that and say to myself of course that is a scam and of course you are going to get nailed. Why would anyone ever do that? It sounds so dumb.”
Comments
You liked Kevin’s comment about it sounding dumb….I liked your response to why people do it “maybe people are lonely and they want to spend a lot of time with CRA which is what they’ll end up doing..”. Zing! Great comments, thanks for standing up for the sector by explaining this is a very very small segment of almost 90,000 charities.
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