On the surface, the difference between a corporate and an individual gift might seem quite negligible. However, it is important for charities to be aware of the differences between these two types of gifts so that they can ensure they are meeting all of their legal obligations. Find out more about tax credits vs. tax deductions, corporate donations as a business expense, and corporate sponsorships and charitable contributions in this podcast.
Corporate vs. individual donations
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Run time: 13:06 minutes
External Resources:
CharityTax.com – Adam Aptowitzer’s Online Office
Drache Charity Insights Newsletter
Do you have a burning question about charity law in Canada? Send it to editor@charityvillage.com. We may include it in an upcoming podcast.