Non-Profits, Not-for-Profits, and Charities: What’s the ...
Customs and Revenue Agency (CCRA). times, the key features remain and form the basis of the definition in the ITA. A “charity” is defined in the ITA as a charity registered by the CCRA. Like a non-profit, no tax is payable on the taxable income of a charity. Unlike a non-profit, a registered charity can issue official income tax receipts ... ................
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