Troy McEachren quoted in Financial Post on tax deductions for donations to U.S. charities
Financial Post, "How to get a tax deduction for donations to U.S. charities"
The tax treaty between Canada and the U.S. provides some limited tax relief for gifts made by Canadians to U.S. charitable organizations, but the rules are slightly complicated.
Standing Committee on Finance releases report on terrorist financing in Canada: Charities pinpointed as funding sources
On June 18, 2015 Canada’s Standing Committee on Finance (the “Committee”) released its report entitled, Terrorist Financing in Canada and Abroad: Needed Federal Actions. The report summarized various presentations and submissions made to the Committee on topics such as the...
Donations to U.S. Charities by Residents of Quebec: Court of Quebec rules that the Canada-U.S. Tax Convention not Applicable
On May 19, 2015, the Court of Quebec released its judgment in Emballages Starflex Inc. v. Agence du Revenu du Québec in which the court held that for donations made by residents of Quebec to U.S. charities, donors may not...
Lobbying in Quebec: more charities and NPOs may soon have to register their staff as lobbyists
On June 12, 2015, the government of Quebec introduced Bill 56 (Lobbying Transparency Act) in the National Assembly. If adopted, Bill 56 will replace the current legislation governing lobbying in Quebec (Lobbying Transparency and Ethics Act, CQLR c T-11.011). Under...
The Volunteer Relationship
Many charities and not-for-profit organizations depend on the dedication and hard work of their volunteers. Volunteer contributions can include fundraising, promotion and advocacy, governance, and service delivery. As such activities are often integrated with day-to-day operations, and integral to an...
Federal Election Year – Are You Keeping Track of Political Activities?
We all know that a Federal election will occur in the Fall. Political activities of charities and non-profits have been a popular topic in the press and media over the past few months. This interest has been intensified because in...
Deadline for Proposals to Participate in Social Finance Accelerator Initiative July 17, 2015
In the 2015 Federal Budget, the Government of Canada announced its plans to create a “Social Finance Accelerator” initiative (“SFA”). The Budget announcement was brief and did not explain exactly how the SFA would work. On June 5, 2015, the...
CNCA Creates New Opportunity for Quebec Donors to Make Restricted Gifts
Donors today have increased expectations on the use of their donations and an increased desire to participate in how their donations are spent. Because charities know involved donors typically give more than uninvolved ones, charities are increasingly permitting donors to...
Virtual Meetings: A Growing Possibility
Technology is improving at a rapid pace, which has an obvious and corresponding effect on the mediums through which we communicate. Recent developments in telecommunications technology have increased the ability of a corporation to manage the ease and flow of...
Extended Investment Period for Community Enterprise Development Tax Credit
In 2003, the government of Manitoba introduced a new tax credit called the Community Enterprise Development Tax Credit (the “CED Credit”), which was designed to encourage Manitoba resident investors, and certain eligible corporations with a permanent establishment in Manitoba, to...