CANADIAN LEGAL CONFERENCE 2012 . CHARITIES, NOT-FOR-PROFIT ORGANIZATIONS AND SOCIAL ENTERPRISE SOME ISSUES TO CONSIDER. GENERAL. Is the social enterprise: A for profit organization? Regular Income T ax r ules apply 2. A not-for-profit organization?
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
CHARITIES, NOT-FOR-PROFIT ORGANIZATIONS AND SOCIAL ENTERPRISE
SOME ISSUES TO CONSIDER
Is the social enterprise:
Regular Income Tax rules apply
2. A not-for-profit organization?
Special Income Tax Act sections apply
3. A registered charity?
Special Income Tax Act provisions apply
subsection 149(1)(l) of the Income Tax Act
Q: Is the social enterprise commercial?
Q: Does the charity intend to profit from the social enterprise?
Q: Is the social enterprise simply the sale of donated goods?
Q: Is the social enterprise carried out on a systematic, regular basis?
Q: Is the social enterprise of a charity an unrelated business?
Q: Are substantially all the people running the social enterprise volunteers?
Q: Is the social enterprise linked to the charity's purpose?
Q: Are the business activities subordinate to a dominant charitable purpose?