www.carters.ca
www.charitylaw.ca
6.TAX
SHELTERS
•During recent years, the Department of Finance and CRA have taken a number of steps to shut down abusive donation tax shelters
•As a matter of tax policy, the fact that the donor under a donation tax shelter is receiving a net economic benefit from having made the donation is inconsistent with the requirement that a valid gift must involve the donor being impoverished
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