Liability

Summary policy

Date
October 25, 2002 (Revised September 13, 2005)

Reference number
CSP-L01

Key words

Liability - Revocation - Revocation tax

Policy statement

A person who receives property from a revoked charity after the time that is 120 days before the deemed year-end of the charity, is jointly and severally, or solidarily, liable with the revoked charity for the revocation tax payable under the Income Tax Act.

References

Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: