The Income Tax Act requires charities, as nontaxable entities, to spend a certain percentage of their income each year on charitable activities. In this podcast, find out more about these disbursement quotas, what happens when a charity doesn’t comply with their disbursement quota, and how long-term projects fit into the equation.
CRA disbursement quotas: Part 1
Click to listen now.
(To download the file and listen later, right click on the link and click “Save target as”, “Save link as…” or “Download linked file.”)
Run time: 11:10 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.
