•It is a question of fact that can only
be determined after a review of the
purposes and activities of the NPO
•NPO status must generally be reviewed on a year by year
basis
•Document 2010-0380581I7 - It is
possible for an organization to qualify for exemption as an NPO for
a period shorter than its fiscal year
•Being incorporated as a not-for-profit under corporate legislation
does not mean that the organization is an NPO for tax purposes
•
•