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charitable status

By Drache Aptowitzer LLP | 3 Minutes Read December 10, 2012

Taking matters into your own hands: dissolving before the government does it for you

Readers will know that the new Canada Not-for-Profit Corporations Act came into effect in 2011, bringing the regulation of not-for-profits into line with modern corporate legislation. This carries with it the onus to apply for continuance under the new Act by October 2014, or be dissolved.

Article by Drache Aptowitzer LLP / Business, Not for Profit / 2014, assets, Canada Not-for-profit Corporations Act, charitable status, charities, charity and tax law, CNCA, date of assessment, federally-incorporated registered charities, fiduciary duties, individual directors to certain liabilities, Internal Controls, involuntarily-revoked charity, liabilities, liability, regulation of not-for-profits, revocation tax, tax, tax assessment, the nature of bureaucracy, When a corporation is dissolved, wind-up, winding-up of a corporation

By Adam Gorley | 2 Minutes Read September 21, 2011

Charities and compliance agreements: know what you're signing!

Charities know they've got strict rules to follow, and they know there are stiff penalties for non-compliance. They should also know that the Charities Directorate and the Canada Revenue Agency will work with organizations to help them maintain their charitable status, if necessary through a compliance agreement which both the CRA and the charity accept.

Article by Adam Gorley / Finance and Accounting, Not for Profit / Canada Revenue Agency, charitable status, charity, compliance agreement, CRA

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