September 3, 2003 (Revised September 13, 2005)
The Income Tax Act requires tax to be withheld on certain payments (for example, lump-sump payment from a registered pension plan). However, since a registered charity is exempt from Part I tax, the charity can apply to the Canada Revenue Agency for a waiver of the requirement to withhold tax.
- Income Tax Act, R.S.C. 1985 (5th supp.) c. 1, ss. 153(1.1)
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