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.
XXX
We are writing in reply to your letter of August 24, 1989, wherein you requested our views regarding the information you received from the Ottawa District Taxation Office as set out in paragraph 4 of your letter.
During our telephone conversations of September 11 and 12, 1989, we discussed in general terms the income tax implications of Charitable Donations to Carleton University.
We are enclosing, for your information, a copy of Interpretation Bulletin IT-110R2 and the Special Release thereto entitled "Deductible Gifts and Official Donation Receipts". Paragraph 3 of the Bulletin defines a gift, for purposes of the Income Tax Act as "a voluntary transfer of property without consideration". A gift can be said to have been made if all of the following conditions are satisfied:
- (a) Some property, usually cash, is transferred by a donor to a registered charity.
- (b) The transfer is voluntary.
- (c) The transfer is made without expectation of return. No valuable consideration or benefit of any kind to the donor, or anyone designated by the donor, may result from the payment.
We hope that these comments and the information set out in the Bulletins, will be of assistance to you.
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, 1989
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, 1989
Email this Content