According to CRA for 2010 there were claims on abusive charity gifting tax schemes of over $320 million. While a lot better than the 2006 numbers of 1.3 billion – it is still a significant problem.
According to CRA the updated 2009 numbers are below and the preliminary 2010 numbers are here as well.
Year 2009 2010
Donors 11, 919 9,978
Donations $330.5 M $321.8 M
These number were provided by the Chariites Directorate but they are assembled by the Compliance Program Branch, Aggressive Tax Planning division.
The original 2009 numbers were noted on this blog entry. https://www.canadiancharitylaw.ca/blog/abusive_charity_gifting_schemes_in_canada_suffer_decline_in_value_and_numbe/
Related Posts
January 14, 2021
Going the Extra Mile: The Liability of Foreignness in U.S. Foundation International Grantmaking to Local NGOs
I recently ran across a very good article entitled: "Going the Extra Mile: The Liability of Foreignness in U.S. Foundation International Grantmaking…
January 13, 2021
Blackbaud’s “Tax Receipting and the Top Compliance Issues for Canadian Charities” delivered by Mark Blumberg
Mark Blumberg will be delivering a webinar for Blackbaud on "Tax Receipting and the Top Compliance Issues for Canadian Charities". Here is further…
January 2, 2021
La Presse Inc. is first registered journalism organization registered under new category of qualified donee
La Presse Inc. is now the first registered journalism organization registered under new category of qualified donee. You can see it listed here. As…