CRA View on Members of a Non-Profit Corporation

In 2013-0473771E5, the CRA confirmed its view that members of a non-profit corporation without share capital are considered shareholders for the purposes of subsection 15(1) of the Income Tax Act.

Prepared by: Kim Ho

Kim Ho received a B.A.(Honours) in economics from Queen’s University and a LL.B from the University of Victoria. While at the University of Victoria, he was awarded the 2008 Stikeman Elliot/Carswell National Tax Award, the British Columbia Superior Court Judges… more »

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