New CRA Application for Registered Charity Status (T2050) and Guide (T4063) finally arrived
Published under: Canadian Charity Law
The CRA has released an updated T2050 - Application to Register a Charity Under the Income Tax Act and it is located at http://www.cra-arc.gc.ca/E/pbg/tf/t2050/t2050-08e.pdf
In this article I discuss the differences between the old and new application and guide. http://www.globalphilanthropy.ca/images/uploads/New_2008_T2050_Application_to_Register_a_Charity_Under_the_Income_Tax_Act.pdf
One thing that is a little disappointing is that the T2050 is not a fillable form. Perhaps CRA will put out a fillable form at some point to make it easier for some to complete the form and do so in typing. I think it is to their advantage to be able to read the T2050 easily.
Mark Blumberg is a lawyer at Blumberg Segal LLP in Toronto, Ontario. He can be contacted at .(JavaScript must be enabled to view this email address) or at 416-361-1982 x. 237. To find out more about legal services that Blumbergs provides to Canadian charities and non-profits please visit the Blumbergs’ Non-Profit and Charities page at http://www.blumbergs.ca/non_profit.php or http://www.globalphilanthropy.ca
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