Imagine Canada Early Alert: CRA Issues Draft Guidance on Charities’ Public Policy Work

 Imagine Canada Early Alert: CRA Issues Draft Guidance on Charities’ Public Policy Work
Discussion Paper
The Chief Economist for Canada’s Charitable and Nonprofit Sector released its latest discussion paper in January 2019. In “Unfair or Unwanted? Competition Between Charities and For-Profit Businesses in Canada”, Chief Economist Brian Emmett argues that for-profit businesses and charities co-exist in many markets, both benefiting from government support, and tax policy has little, if any, effect on market shares and earnings of for-profit businesses…

Reminder
The CRA is accepting comments on the draft guidance explaining how the CRA will administer changes to the Income Tax Act which allow charities to carry on unlimited public policy dialogue and development activities to advance their stated charitable purpose. guidance document until April 23, 2019. All feedback received will be considered to inform the publication of a final version of the guidance.

Stay Informed

Never miss news, events and updates from ALIGN