Registered charities have special concerns when it comes to the legal and administrative application of the Income Tax Act. To maintain charitable status under the Act, a charity must devote substantially all of its resources to charitable purposes and activities—and avoid excessive political activity...
charity and tax law
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.
It’s a pleasure to welcome Adam Aptowitzer, Drache Aptowitzer LLP as a guest blogger. Adam will be blogging on behalf of Drache Aptowitzer LLP on corporate law and Income Tax law as it applies to charities and not for profits.