In Canada, there is no single statute that sets out all of the legislative requirements applicable to charities. Rather, the relevant statutory provisions are found in multiple federal and provincial statutes. In addition, extensive legislative changes each year make it increasingly difficult to cope with the law. Having a concise guide to the law governing charities is a must.

Selected and prepared by charity law experts, Terrance Carter, Maria Elena Hoffstein and Professor Adam Parachin, this unique publication provides a useful reference for anyone researching key federal and Ontario statutes governing registered charities in Canada. This edition compiles, describes or otherwise takes account of, approximately 145 statutes and 75 regulations.

Highlights of This New Edition

• Review of the 2024 Federal Budget, including its implications for taxes on capital against and donations of capital property, audits, and proposed new requirements for registered foreign charities
• Discussion of the most recent amendments to the Income Tax Act, including changes to the alternative minimum tax regime as it relates to charitable giving
• Discussion of draft legislation proposing to amend reporting rules for bare trusts and express trusts and proposing to remove fundraising expenditures from expenditures included towards the calculation of the disbursement quota
• Review of updated guidance for charities providing humanitarian assistance and other authorized activities in areas controlled by terrorist groups
• Discussion of the new Foreign Influence Transparency and Accountability Act and changes to the Criminal Code relevant to Canada's anti-money laundering and anti-terrorist financing regime
• Review of recent changes to Ontario's Charities Accounting Act that eliminate certain notice requirements for Ontario charities

Who Should Buy

• Charity law practitioners who need to advise charities, their directors and officers on myriad compliance matters
• Lawyers who are retained to set up not-for-profit corporations
• Accountants who must stay abreast of recent and anticipated changes to income tax legislation pertaining to registered charities
• Executives and officers of charitable organizations who want to understand the complex statutory regime governing registered charities and their statutory duties and liabilities