Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Principal Issues: Whether a XXXXXXXXXX may issue official income tax receipts in respect of charitable donations to it.
Position: Yes.
Reasons: Subject to confirmation by TSO, the XXXXXXXXXX appears to be a public body performing a function of government in Canada. Proposed amendments to Act will add, for gifts made after May 8, 2000, a "municipal or public body performing a function of government in Canada" as a qualified donee for charitable gifting purposes.
XXXXXXXXXX 2005-011476
R. Maley
June 28, 2005
Dear XXXXXXXXXX:
Re: Donations
This is in reply to your e-mail of February 4, 2005 requesting our comments on the authority of the XXXXXXXXXX to issue official receipts for income tax purposes for charitable gifts made to it. In this regard, you have provided us with a copy of the XXXXXXXXXX Letters Patent, for our information.
Written confirmation of the tax implications inherent in particular transactions are given by this Directorate only where the transactions are proposed and are the subject matter of an advance income tax ruling request submitted in the manner set out in Information Circular 70-6R5. However, we can provide a few general comments.
Based on the Letters Patent, and on the XXXXXXXXXX it appears that the XXXXXXXXXX may be a public body performing a function of government in Canada within the meaning of paragraph 149(1)(c) of the Act. Confirmation in this regard may be obtained from your local Tax Services Office.
Subsection 118.1(1) of the Act defines an individual's "total charitable gifts" for the year for income tax purposes as the fair market value of gifts made by the individual to certain qualified donees, such a registered charities, the Crown and Canadian municipalities.
Proposed amendments to the Income Tax Act will add, for gifts made after May 8, 2000, a "municipal or public body performing a function of government in Canada" as a qualified donee for charitable gifting purposes.
Although these amendments are not yet in force, it is the CRA's view that public bodies performing a function of government in Canada may issue official tax receipts to donors for charitable gifts that it receives. For further information pertaining to the official income tax receipts, reference may had to CRA publication "Registered Charities and the Income Tax Act", which is available on the CRA website at http://www.cra-arc.gc.ca/E/pub/tg/rc4108/README.html.
While we hope that our comments will be of assistance to you, they are given in accordance with the practice referred to in paragraph 22 of IC 70-6R5 and are not binding on the CRA in respect of any particular situation.
Yours truly,
F. Lee Workman
Manager
Charitable and Financial Institution Sectors
Financial Industries Division
Income Tax Rulings Directorate
Policy and Planning Branch
All rights reserved. Permission is granted to electronically copy and to print in hard copy for internal use only. No part of this information may be reproduced, modified, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or stored in a retrieval system for any purpose other than noted above (including sales), without prior written permission of Canada Revenue Agency, Ottawa, Ontario K1A 0L5
© Her Majesty the Queen in Right of Canada, 2005
Tous droits réservés. Il est permis de copier sous forme électronique ou d'imprimer pour un usage interne seulement. Toutefois, il est interdit de reproduire, de modifier, de transmettre ou de redistributer de l'information, sous quelque forme ou par quelque moyen que ce soit, de facon électronique, méchanique, photocopies ou autre, ou par stockage dans des systèmes d'extraction ou pour tout usage autre que ceux susmentionnés (incluant pour fin commerciale), sans l'autorisation écrite préalable de l'Agence du revenu du Canada, Ottawa, Ontario K1A 0L5.
© Sa Majesté la Reine du Chef du Canada, 2005
Email this Content