www.carters.ca
www.charitylaw.ca
•If a
receipt includes false information
–If the total does not exceed $25,000 - penalty of 125%
of the eligible amount on the receipt
–If the total exceeds $25,000 - penalty of 125% and the
suspension of tax-receipting privileges
–May be subject to revocation on repeated contraventions
•As a result of these possible sanctions, it is incumbent
upon the board and senior management of a charity to be aware of and
comply with the applicable rules on receipting
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