•CRA states that education letters were
meant to “raise awareness of the rules governing the
benefits available” to NPOs under the ITA and that reassessments
are only occurring in the most “egregious cases”
•CRA maintains its position that it is possible for an NPO
to generate a profit but
–the
profit must be incidental; and
–arise from activities that support the organization’s not-for-profit
objectives
•Report
due early in 2014
–
–