Tax Receipting and Return of a Gift

www.carters.ca

www.charitylaw.ca

B.BASIC DUTIES OF A CHARITY IN ISSUING RECEIPTS

•Must only receipt donations that are “gifts”

–Voluntary transfer of property without consideration

–Donor must relinquish control of the property

•Comply with split receipting rules

•Include required information on receipts

•Ensure accuracy of information on receipts

•Due diligence in receipting process

•Keep control over the receipts

•Keep adequate books and records in support of receipts issued