I requested from CRA information about the status of Third Party Penalties (TPP). Some Third Party Penalties are applied to individuals (who are involved with charities) and some to the registered charity itself.
As at August 30, 2011 CRA advised:
PAST
There are 17 cases where Third Party Penalties (TPP) were assessed. The total TPP assessed on the 17 cases is $59.7 million. Included in the 17 cases is one case where TPP was assessed on a charitable organization and the other 16 were presumably against individuals.
ONGOING
There are 33 cases ongoing, out of which one case involves a charitable organization and presumably 32 involve individuals who have been involved with charities.
CRA advised that “Unfortunately we would prefer not to provide numbers on ongoing cases because some penalties that have been proposed could be objected to and subsequently cancelled.”
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…