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Weekly Tax Tip

January 31, 2012

CHARITY TAX SCHEMES

It was noted in the August 24, 2011 issue of the Globe & Mail (page B8) that the CRA has reassessed more than 130,000 donors in charity tax schemes in the last year for more than $4.5 billion.

For further information see VTN Monthly Tax Update Seminar, Issue No. 362.

The preceding information is for educational purposes only. As it is impossible to include all situations, circumstances and exceptions in a document such as this, a further review should be done by a qualified professional. Although every reasonable effort has been made to ensure the accuracy of the information contained in this document, no individual or organization involved in either the preparation or distribution of this document accepts any contractual, tortious, or any other form of liability for its contents or for any consequences arising from its use. © VIDEO NEWS INC. OCT. 18, 2011

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