As the federal government does not have the necessary jurisdiction to regulate charities, it is forced to use the registration system, through the Canada Revenue Agency, to enforce regulations more generally. This podcast provides further clarification and is of vital interest to anyone working in the nonprofit sector.

Although charities don’t have to file income tax returns, filing their information return is one of the most important responsibilities that a charity has. A failure to file results in the Canada Revenue Agency revoking a charity’s registered status.

Are you thinking of starting or joining an umbrella group that oversees other organizations? If so, it’s vital that you understand all the legal ramifications, including charitable status, following provincial and federal regulations, disbursement quotas, and basic terminology.

The HST will have an impact on nonprofits and charities in many different ways, including with regard to federal tax rebates and exemptions. Find out whether your organization will have to pay more in taxes, how your administration costs may drop, and how the HST might affect your clients and donors.