Tag Archive: taxation

List of charities undergoing tax audits

List of charities undergoing tax audits related to political activities Some Canadian charitable organizations under recent audit for their political activities. Revenues and percentages based on the groups’ most-recent filings with Canada Revenue Agency. Rules dating from 2003 limit spending on political activities to no more than 10 per cent of all expenses: Pen Canada, Toronto Charity for freedom of expression, 2011-2012 revenues of $311,000; zero per cent of expenses for political activities. Audit began in July 2014, includes political activities. Continues. Tides Canada Foundation, Vancouver Environmental foundation, 2012 revenues of $16.3 million; zero per cent of expenses for political… View Article