Budget 2014 - The Road to Balance: Creating Jobs and Opportunities

The following questions and answers are based on proposed measures that were announced in the 2014 budget on February 11, 2014. Please note that these measures will not become law until they have received Royal Assent.

The CRA will continue to communicate tax changes through its Web site, its forms and publications, its phone enquiries services and other communication channels, as the information becomes available.

In the meantime, please consult the Web site of the Department of Finance Canada to find out more.

CRA 2014 Budget News

Individuals

• Search and Rescue Volunteer Tax Credit
• GST/HST Credit Administration
• Amateur Athlete Trusts
• Estate Donations - Deaths after 2015

• Graduated Rate Taxation of Trusts and Estates and Related Rules

Charities and Other Qualified Donees

• Investing in Information Technology (IT) Modernization for Charities
• State Supporters of Terrorism

Donations

• Donations of Ecologically Sensitive Land
• Donations of Certified Cultural Property