CRA recently released its first video as part of a new educational video series on 'Gifting and Receipting'. This series is meant to educate the public, donors, and those involved in the charitable sector on the type of donations that are tax-receiptable and the different CRA rules regarding receipting.
CRA has indicated that there will be more videos in the coming months as part of this series.
information on the video series can be found on CRA's website here: http://www.cra-arc.gc.ca/vdgllry/chrts-gvng/gftrcv-eng.html?clp=chrts-gvng/gftrcv-101-eng&fmt=mp4&utm_source=charities&utm_medium=eml as well as CRA's YouTube channel here: https://www.youtube.com/watch?v=Mll_xOG9I94&utm_source=charities&utm_medium=eml
Related Posts
July 14, 2020
Transparency in the Canadian Charitable Sector and the T3010 Registered Charity Information Return Online Course
Every year we do a 3-hour course on transparency and the T3010. This year there has been a lot of interest in transparency around charities. On…
June 29, 2020
Some compliance trends or task over the next 6 months for Canadian registered charities
Here are a number of trends or compliance suggestions for charities over the next six months: If you are an Ontario corporation under the Ontario…
June 29, 2020
Canadian Red Cross offering grants to NPOs, PPE for charities and NPOs
The Canadian Red Cross is still making grants to non-profit organizations who are assisting vulnerable Canadians dealing with COVID. If you are a…