We have provided two letters recently released by the Canada Revenue Agency.
The first letter from CRA discusses whether a donation to a fund maintained and controlled by a municipality constitutes a gift for income tax purposes. The second letter from CRA discusses whether an estate can be a graduated rate estate before the actual designation as such is made on filing its tax return through the application of the charitable gifting rules in the Income Tax Act (Canada).
Do you require legal advice with respect to Canadian or Ontario non-profits or charities?
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.