On April 26, 2012, the federal government introduced Bill C‑38, which contains proposed changes to the Income Tax Act (Canada) (ITA) affecting charities and how political activities are to be accounted for, in the context of a gift from one charity to another.

We provide a brief summary of the current legislative provisions, the proposed changes, and the impact of the changes on charitable foundations and organizations.
Continue reading “Changes to the Income Tax Act will restrict charities’ political activities”