CRA Charities Directorate Audit Statistics

January 17, 2018 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: What's New from the Charities Directorate of CRA, Canadian Charity Law, Canadian Charity Statistics

In a presentation to E&Y Gary Huenemoeder of the Charities Directorate provided certain updated audit statistics for 2016-2017 which shows the outcomes of the CRA's completed audits.

Audit statistics(2016-2017)

•Audits completed –652

Results:

•Clean audits –38
•Education letters issued –387
•Compliance Agreements –142
•Voluntary Revocation –17
•Annulments –5
•Notice of Intent to Revoke -39
•Penalties and Sanctions –3
•Other -21

Gary also identified common reasons for revocation which include:

•Improper/inflated receipts
•Undue/private benefit
•Foreign activities lack of direction and control
•Gifting to non-qualified donees
•Inadequate books and records
•Lack or minimal devotion of resources to charitable activities
•Participation in a registered or unregistered tax shelter

Do you require legal advice with respect to Canadian or Ontario non-profits or charities?

Contact

Charity Lawyer Mark Blumberg

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.

mark@blumbergs.ca
416.361.1982
Download vCard

Connect

Locate

Blumberg Segal LLP
Barristers & Solicitors
#1202 - 390 Bay Street
Toronto, Ontario
M5H 2Y2 Canada

Charity Law List

Join Blumbergs' non-profit and charities newsletter
View recent issue: August 2019