The Canada Revenue Agency (“CRA”) recently released an updated Form T3010 E(15) – Registered Charity Information Return. This form must be used by registered charities with fiscal periods ending on or after January 1, 2014. Aside from a few updated website links, the new form is nearly identical to the previous year’s version and does not contain any substantive changes. One minor but helpful addition to the form is a new “Checklist” section on page 4. This Checklist itemizes all of the documents, as applicable, that should comprise a charity’s complete annual filing.
It is important for charities to remember that their annual returns are due no later than six months after the end of their fiscal periods. Failure to file a complete and timely information return may result in the revocation of a charity’s charitable status.
If charities or their professional advisors require assistance in completing their annual information return, members of Miller Thomson LLP’s Charities and Not-for-Profit Group can assist.