www.carters.ca
www.charitylaw.ca
•Federal
Statutes
–Income
Tax Act (Canada)
§Directors jointly and severally liable to pay employee
income tax deductions for claims brought within two years
after end of term of office
§Directors may be personally liable if charity fails
to comply with numerous reporting requirements, e.g. annual
charity information return, improper charitable receipts,
or giving improper tax advice
§Directors may also face fines and imprisonment
if they are involved in making false or deceptive statements
or evading compliance with the Income Tax Act (e.g. improperly
characterizing employees as independent contractors)
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