New Consultations: Modernizing Tax Rules for Charities

As the last remnants of a scrumptious Thanksgiving weekend subside, it is appropriate to take a look at the health and issues surrounding the charitable sector in Canada.  Serendipitously, the federal government is seeking your views on how the tax rules for registered charities and the Canada Revenue Agency’s (CRA) administration of these rules could be modernized.  A new consultation was launched on October 8 and here’s what the government wants to know, by December 3, 2026:

In a controversial budget, Manitoba raised its Provincial Sales Taxes by 1% to 8% effective July 1, 2013 over a “temporary” 10 year period, waiving the requirement to hold a referendum, citing reasons of financial urgency due to potential flooding.

Knowledge Bureau's Evelyn Jacks and Alan Rowell, and David Caron and Sean Nazarian of Thomson Reuters will be leading you in this May's Distinguished Advisor Workshop: Audit Defence Bootcamp.

Should you draw from the CPP early? With many new changes to the plan starting in 2012, this calculator will help you answer that question by determining break-even points along the way, while explaining the new rules and criteria. Try it with a free trial!

Over the last couple of weeks, the provincial governments in the Atlantic provinces brought down their 2013 provincial budgets.

Budget 2013 included some measures that would help the Canada Revenue Agency (CRA) find and prosecute international tax non-compliance, such as the Stop International Tax Evasion Program. A recent decision from the Federal Court, Soft-Moc Inc. v MNR (2013) FC 291, sets a precedent that strengthens the CRA’s ability to access information outside of the country.

On April 4th, the Canada Revenue Agency released two separate statements in regards to recent media coverage that has identified rampant disregard for Canada’s tax laws, specifically hiding money in offshore tax havens.