Social Impact Newsletter

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September 2013

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New Charity and Not-for-Profit Law Specialist Joins Miller Thomson

We are pleased to announce that Natasha Smith has joined Miller Thomson’s Charities and Not-for-Profit Group as an associate.  Natasha, who was called to the Ontario Bar earlier this year, will be practicing at Miller Thomson’s Toronto office.  Natasha can...

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CRA Releases New Guidance on the Promotion of Health and Charitable Registration

Andrew Valentine

On August 27, 2013 the Canada Revenue Agency (“CRA”) released CG-021, a new Guidance that sets out CRA’s interpretation of the law pertaining to the promotion of health and charitable registration.  Both existing health care organizations that are registered as...

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ONCA Delayed Pending Amendments

Kate Lazier

New In Force Date As many of you know, the in-force date of the Ontario Not-For-Profit Corporations Act, 2010 (the “ONCA”) has been a moving target.   The last government announcement was that the ONCA would come into effect no sooner...

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CRA Comments on Tax Compliance Issues Related to Condominium Corporations

Natasha Smith

We have commented in previous issues of this Newsletter on the CRA’s interpretation of the requirements for tax exempt status as a non-profit organization (NPO) under paragraph 149(1)(l) of the Income Tax Act.  In a recent technical interpretation, CRA provided...

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CRA Comments on the Donation of Shares to a Public Foundation

Andrew Valentine

In a recent advanced income tax ruling request, CRA discussed whether the transfer of 100% of the voting common shares of a taxable Canadian corporation to a public foundation resulted in the public foundation acquiring control of the corporation.  Under...

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