Check it out at: CRA is an extra-legal organization which bullies people into paying taxes they may not owe, and will not provide clear guidance as to where the lines are. Like any other investment product, there are good ones and there are bad ones.
Canadian Capitalist August 20, at I guess none of you happened to read the retraction that very journalist did on the above mentioned article. If the tax rate was actually fair and low there would be no need for this entire industry- good or bad.
Of course, I would like to point out, from the all the background noise, what the real problem is. They specifically mention that if the receipt is many times the donation, the taxpayer is taking a risk of the charitable contribution being denied and interest and penalties applied.
It is a good question why the people running these charities are not prosecuted when they are found to be frauds. The CRA simply registers a charity initially and assumes that they will collect donations and spend it for charitable purposes.
They do audit and revoke registrations but how are they going to tell a good charity from bad at the time of registering?
NN August 20, at Avoid the entire industry. If the entire concept of tax shelter make your eyes glaze over. Steve Heath August 20, at This is when the scams began to happen and because of the number of people claiming credits CRA had to act to defend its bottom line.
Steve August 20, at I fear investors will fail to recognize to-good-to-be-true schemes for what they are until the end of time. How is that shoddy journalism? Just call CRA 3 times with a complex question, and usually you will get 3 different answers. As with all things, greed took over and the products went retail.
It would be equivalent of them writing that all finance blogs give improper information.Practice (continued) Form K Isosceles and Equilateral Triangles Answers may vary. Sample: lDCE or CDE; Corollary to Theorem QR; Converse of the Isosceles Triangle Theorem lRVU; Isosceles Triangle Theorem TR; Converse of the Isosceles Triangle Theorem ; the congruent angles in the diagram both have a measure of Write a function rule that represents each sentence.
1. 8 less than one third of x is y.
2. 12 more than the quotient of a number t and 7 is v. 3. z is 6 more than twice y. 4. 10 more than 8 times a number a is b. For Exercises 5–7. If you are attracted by the thought of making a donation and saving a bundle in taxes, the Canada Revenue Agency has a simple message: "don't even think about it!".
C October 2nd, by Roy W. Spencer, Ph. D. function rule p 5 w. Practice Form K Open-Ended Sketch a graph of a quadratic function. Write the function rule that you graphed. Writing Describe the general shape of the function y 5 |x|.
Practice (continued) Form K Graphing a Function Rule Answers may vary.Download