Changing structured arrangements into reasonable person test – Part 3
BILL S-222 An Act to amend the Income Tax Act (use of resources), which was introduced on February 8, 2020, is discussed in this third part of a four-part post.
Changing structured arrangements into reasonable person test – Part 2
BILL S-222 An Act to amend the Income Tax Act (use of resources), which was introduced on February 8, 2020, is discussed in this four-part post.
Changing structured arrangements into reasonable person test – Part I
Recently a bill was proposed in the Senate –BILL S-222 An Act to amend the Income Tax Act (use of resources), which will eliminate the “own activities” requirement of charities and change the rules for Canadian charities working with non-charities, both in Canada and abroad.
