22
Compliance update false receipting
The CRA has discovered
that tax receipts are being sold, sometimes
by people employed by the charity, and
often when the charity is unaware.
False receipting is a
significant problem;
100,000-135,000 donors reassessed since 2005.
The amount reassessed to date is about $290 million.
The
CRA encourages charities to be diligent in safeguarding the charitys receipts and to report any suspected fraud immediately to the CRA.
In
select cases, the CRA asks donors to provide proof of payment.