Non-profits and charities governed under the Canada Not-for-Profit Corporations Act – Are you up-to-date on your Annual Returns?
Non-profits and charities subject to the Canada Not-for-Profit Corporation Act (the “CNCA”) must stay up-to-date with their Annual Returns. All corporations that are active (i.e. not dissolved, discontinued, or amalgamated with another corporation) must file an Annual Return with Corporations […]
CRA releases final guidance on qualifying disbursements: an in-depth look for Canadian registered charities
In a previous article, we wrote about the key highlights of the Canada Revenue Agency’s Guidance CG-032 Registered charities making grants to non-qualified donees, its final administrative guidance on qualifying disbursements in respect of grantees (non-qualified donees) (the “Guidance”). The Guidance […]
The new T3010 Annual Information Return is here: What charities need to know
On January 8, 2024 the Canada Revenue Agency (“CRA”) released its latest version—the 24th version—of Form T3010 (Registered Charity Information Return). Registered charities do not pay federal income tax but they must all complete Form T3010 annually and submit it […]
Budget fédéral de 2023 : points saillants pour le secteur des organismes de bienfaisance et des OBNL
Le 28 mars 2023, l’honorable Chrystia Freeland a déposé un nouveau budget fédéral (le « budget de 2023 »). Le budget de 2023 énonce les dépenses auxquelles le gouvernement du Canada accordera priorité au cours des années à venir. Ces priorités visent […]
