www.carters.ca
www.charitylaw.ca
2)Early
Collection of Amounts Owing from Donation Tax Shelters
‒Budget
2013 permits CRA to proceed with collection
actions on 50% of the disputed tax, interest or
penalties that result from the disallowance
of a donation claimed with respect to a tax
shelter
–CRA will be
able to proceed with these actions even before
the ultimate liability of the donor has been determined through the objection and appeal process
–While donation
tax shelter schemes should be discouraged,
it is arguably unfair to permit CRA to collect
taxes, fines, and penalties before the tax payer has exhausted all avenues of appeal
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