Canada: New reporting requirement, registered charities

Canada: New reporting requirement, registered charities

The Canada Revenue Agency (CRA) announced a new reporting requirement for all registered charities. These charities must now annually report their partnership holdings.

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Charities with a fiscal year end of 31 December 2015 will receive insert 15-122: "New Reporting Requirements" to attach to their T3010(15) Information. 

For charities with fiscal years ending in 2016, this question will be included in Form T3010(16).

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