Youth Programs: Identifying and Managing the Risks
Keeping Minutes: Getting it Down Right
Essential Charity & NPO Law Update
January 2017 Charity & NFP Law Update
– CRA Guidance on Charities That Assist the Aged
– CRA News
– Legislation Update
– Budget Implementation Act, 2016, No. 2 Receives Royal Assent
– Ontario Budget Receives Royal Assent
– Amendment to the Ontario Employer Health Tax will Impact Registered Charities
– Ontario Corporations Now Required to Keep Records of Land Ownership
– CRA Releases Trio of GST/HST Rulings Affecting Charities
– CRA Answers Questions on GREs at Gift Planner Conference
– Gross Negligence Penalties Upheld for Misrepresentations on Tax Returns
– CBA Submissions on National Security and on Housing of Interest to Charities and NFPs
– The Pitfalls of Geographic Names as Registered Trademarks
– New Charity and NGO Laws Come into Force in China
– Court of Appeal Affirms City’s Liability in Crossing Guard Case
– Amendments Proposed to Child Protection Laws in Ontario
– Anti-Terrorism Law Update
– Recommendations for Improving the Implementation of FATF Evaluation Process
– FATF President Speaks at UN Security Council Meeting
New CRA Guidance on Charities That Assist the Aged
On December 8, 2016, Canada Revenue Agency (“CRA”) released a new guidance entitled: Relieving Conditions Attributable to Being Aged and Charitable Registration (CG-026) dealing with charities that provide housing to their beneficiaries (“Guidance”). It replaces CRA’s Policy Statement CPS-002, Relief of the Aged that was released on July 6, 1990 (“Previous Policy”). This Bulletin provides an overview of the new Guidance.
The new Guidance provides a much needed and helpful update on the Previous Policy, clarifying what CRA considers charitable for Canadian charities serving the aged. For example, almost half of the Previous Policy (paragraphs 9 to 15) are in relation to the provision of housing for the aged, which are now superseded by CRA’s guidance entitled: Housing and Charitable Registration (CG-022) dealing with charities that provide housing to their beneficiaries.
For the balance of this Bulletin, please see Charity & NFP Law Bulletin No. 396.