CRA News Advisory Committee on the Charitable Sector Holds June Meeting As reported by the Canada Revenue Agency (“CRA”) on July 17, 2020, the Advisory Committee on the Charitable Sector (“ACCS”) held a virtual meeting on June 22, 2020 to identify priority areas for the ACCS to focus on. As a committee comprised of members from the charitable sector, the CRA, and the Department of Finance, the ACCS was formed to “engage in meaningful dialogue with the charitable sector, to advance emerging issues relating to charities, and to ensure the regulatory environment supports the important work that charities do.” At the virtual meeting, ACCS members took part in exercises to identify priorities, and confirmed the charity-related regulatory and legislative issues to focus on going forward. They identified five working groups to examine priorities, including:
In addition to identifying these priorities, the ACCS also expressed support for efforts in the charitable sector to meet needs with emergency funding and infrastructure, and discussed backing these efforts. |