Crowdfunding and the Third Sector July 14, 2014 Sophia Dunkley This article examines the benefits and challenges with crowdfunding in the context of charities and non-profits.
CASL and Registered Canadian Charities; It's Here! And it's still unclear. July 14, 2014 Anna Naud This article provides answers to some frequently asked questions regarding CASL and its application to registered Canadian charities.
Does Your Client Need A Court Order in a Charitable Matter? Maybe the OPGT can help. July 10, 2014 Cynthia Spencer This article examines the cases where the simplified out-of–court procedure to obtain a Court order is available to charities pursuant to Section 13 of the Charities Accounting Act and the process to follow in obtaining such an order.
CRA Reports on its Non-Profit Organization Risk Identification Project May 22, 2014 Natasha Smith On February 17, 2014, CRA released a report on its Non-Profit Organization Risk Identification Project (NPORIP). This article provides an overview of such report and the CRA's findings from its three-year NPO review process.
UK Government Announces Tax Relief for Social Investment April 28, 2014 Susan Manwaring and Andrew Valentine This article examines UK's further steps in support of social enterprise.
The Not-for-profit Corporations Act, 2010 Will Not Apply to All Ontario Corporations April 28, 2014 Kimberley A. Cunnington-Taylor This article explains how to determine which Ontario corporations the ONCA will apply to.
Ontario Corporations Don’t Need to Wait for the ONCA: Continuing from the OCA to the federal jurisdiction April 24, 2014 Mark Blumberg and Kate Robertson Below we will discuss some of the advantages and disadvantages of an Ontario non-profit corporation moving from the Ontario jurisdiction to the federal jurisdiction as well as the steps required to continue if a non-profit decides to do so.
Update on CNCA Continuance Process March 18, 2014 Theresa L.M. Man This article provides updated guidance on the CNCA continuance process which is required to be completed by the mandated October 17, 2014 deadline.
Ontario’s Highest Court Decides Charity Property Dispute March 18, 2014 Derek Ross In a recent decision that will be of interest to parent and subsidiary charities across the country, Ontario’s highest court has weighed in on a number of important legal questions including: Who owns a charity’s assets in a parting of ways? Who decides what a “congregation” is? And who should bear the legal costs to have those questions answered? The case and its implications for charities are discussed in this article.
Involvement with Unrelated Businesses – Proceed with Caution February 20, 2014 Catherine Nicholson This article reviews a recent CRA ruling involving a charity's ownership of common shares in a company and whether certain arrangements would cause it to run afoul of the “unrelated business” prohibition. This ruling is a reminder that any involvement by a charity with a taxable corporation beyond passive investing must be carefully reviewed to ensure that it does not constitute carrying on an unrelated business.