•Pre-2010 Budget DQ Rules – Problems and
Issues
•Administrative
Difficulties
–Arbitrary
Expenditure Requirements
–Not sensitive
to operational needs of charities
–Not sensitive
to prevailing market conditions
–Ongoing time
and expense spent on compliance
•Complicated and
Hard to Understand
–Enduring
Property Rules
–Capital Gains
Pool Concept
–80% DQ
Requirements
•Hard to
Characterize Expenses
–Administration
–Charitable
Activities
–Fundraising
–