{"id":1287,"date":"2014-10-15T18:10:15","date_gmt":"2014-10-15T18:10:15","guid":{"rendered":"https:\/\/thor.ca\/\/blog\/?p=1287"},"modified":"2025-02-12T13:31:01","modified_gmt":"2025-02-12T21:31:01","slug":"federal-charities-that-havent-continued-under-new-legislation-risk-triggering-tax-liabilities","status":"publish","type":"post","link":"https:\/\/www.thor.ca\/blog\/2014\/10\/federal-charities-that-havent-continued-under-new-legislation-risk-triggering-tax-liabilities\/","title":{"rendered":"Federal Charities that Haven\u2019t \u201cContinued\u201d under New Legislation Risk Triggering Tax Liabilities"},"content":{"rendered":"<p style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Calibri\"><span style=\"font-size: medium\"><span style=\"color: #000000\">October 17, 2014, three years from the date the <i>Canada Not-for-profit Corporations Act<\/i><\/span><\/span><span style=\"color: #000000;font-size: medium\"> (CNCA) generally came into force, is the deadline under the CNCA for federal charities and non-profits incorporated under the old <\/span><i><span style=\"color: #000000;font-size: medium\">Canada Corporations Act <\/span><\/i><span style=\"color: #000000;font-size: medium\">to formally \u201ccontinue\u201d under the CNCA.\u00a0 The requirements for the transition are described <\/span><\/span><a href=\"http:\/\/corporationscanada.ic.gc.ca\/eic\/site\/cd-dgc.nsf\/eng\/h_cs04954.html\"><span style=\"color: #0000ff;font-family: Calibri;font-size: medium\">here<\/span><\/a><span style=\"color: #000000;font-family: Calibri;font-size: medium\">.\u00a0 Corporations Canada <\/span><a href=\"http:\/\/corporationscanada.ic.gc.ca\/eic\/site\/cd-dgc.nsf\/eng\/h_cs03925.html\"><span style=\"color: windowtext\"><span style=\"font-family: Calibri;font-size: medium\">intends<\/span><\/span><\/a><span style=\"color: #000000;font-family: Calibri;font-size: medium\"> to start the dissolution process immediately for charities and non-profits that have not continued by the deadline. <\/span><\/p>\n<p style=\"margin: 0in 0in 0pt\"><span style=\"color: #000000;font-family: Calibri;font-size: medium\">For an active charity, dissolution could involve disastrous GST\/HST implications in addition to potentially crippling income tax implications.\u00a0 The charity would cease to exist as a legal person, which would generally lead to the revocation of its status as a registered charity.\u00a0 \u00a0Consequently, supplies by the charity that were previously\u00a0GST\/HST exempt because of that status could become taxable. <\/span><\/p>\n<p style=\"margin: 0in 0in 0pt\"><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Steps should be taken immediately by any federal charity that has not yet continued under the CNCA.<\/span><\/p>\n<p style=\"margin: 0in 0in 0pt\"><strong><em>This blog was co-written by Noah Sarna and Rosemary Anderson.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Calibri\"><span style=\"font-size: medium\"><span style=\"color: #000000\">October 17, 2014, three years from the date the <i>Canada Not-for-profit Corporations Act<\/i><\/span><\/span><span style=\"color: #000000;font-size: medium\"> (CNCA) generally came into force, is the deadline under the CNCA for federal charities and non-profits incorporated under the old <\/span><i><span style=\"color: #000000;font-size: medium\">Canada Corporations Act<\/span><\/i><\/span>&hellip;<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":["post-1287","post","type-post","status-publish","format-standard","hentry","category-tax-blog-general"],"_links":{"self":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/1287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/comments?post=1287"}],"version-history":[{"count":1,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/1287\/revisions"}],"predecessor-version":[{"id":2714,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/1287\/revisions\/2714"}],"wp:attachment":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/media?parent=1287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/categories?post=1287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/tags?post=1287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}