Foreign Charities Delisted by the Canada Revenue Agency
The already short list of CRA-approved foreign charities is now down to zero, meaning that Canadian donors hoping to give money to The Clinton Foundation (former U.S. president Bill Clinton’s cause) for example, are out of luck if they were hoping for a tax credit.
The CRA says the vacant list is the result of changes to the rules brought in by Ottawa in its 2012 budget and enacted last year. According to an article in The Globe and Mail, Philippe Brideau, a spokesman for the tax agency confirmed that the CRA has received, and is processing, applications but to date, no organizations have been registered under the new process.
