The Ontario Government recently released draft legislation aimed at various matters under the label of reducing red tape. Contained in that legislation is a substantive change that is very significant for charities in Ontario. This change has the potential of...
This summer the Department of Finance (“Finance”) released a consultation paper on tax planning using private corporations. A private corporation is a company that does not trade its stock on a public stock market. In other words, the shares of...
An internal division is a branch, section, parish, congregation or other division of a Canadian registered charity (the head body) that is permitted to receive and receipt donations on its own behalf. Although it has its own charitable registration number,...