The organization was functioning primarily as part of a tax shelter donation arrangement
Audit finds organization acted as a tax shelter
Alleged tax shelter scheme cost the federal government more than $200 million in tax revenues
Report from the Taxpayers’ Ombudsman aims to stop taxpayers from becoming victims
The CRA has denied more than $5.9 billion in donation claims from taxpayers who participated in gifting tax shelters
A recent test case from the Federal Court says the CRA can’t use delayed assessments to discourage the use of tax shelters it doesn’t like
Agency says Toronto-based Marketplace Ministries International promoted tax shelter scheme
Federal agency is placing holds on tax returns of clients who are claiming deductions under gifting schemes
CRA says it will put the returns of taxpayers claiming a credit from a gifting tax shelter scheme on hold to avoid the issuance of invalid refunds
These structures may have fewer tax advantages than they did in the past, but they can still be useful to shelter wealth