Information ‘vacuum,’ government secrecy drives charitable sector's fight against Alternative Minimum Tax

Why It Matters

There are a variety of opinions on the proposed charity-related changes to the Alternative Minimum Tax. Yet the sector’s advocacy was united. Why?

Stories to expect in 2024 that could change how grassroots organizations operate

Why It Matters

As charities face declining volunteer numbers and inflation puts a dent in Canadians' donations, grassroots organizations need to look at the impacts of this in 2024 and find new income streams to help overcome it.

Updated

Charities relieved after Canada Revenue Agency says additional reporting for ‘internal trusts’ not needed

Why It Matters

Some charities had feared new Income Tax Act rules would require them to provide additional reporting that was difficult to collect and could hamper fundraising. But experts say these concerns have now been alleviated.