charity relief

Foreign Contribution Regulation Act

Implementing Ordinance of 19 December 1966 to the Federal Act on Withholding Tax | Withholding Tax Ordinance [ WTO ]

Federal Act of 13 October 1965 on Withholding Tax | Withholding Tax Act [ WTA ]

Federal Act of 14 December 1990 on the Harmonisation of Direct Taxation at Cantonal and Communal Levels | Direct Taxation Harmonisation Act [ DTHA ]

First, this bill seeks to amend the Income Tax Act by extending by 60 days following the end of a taxation year the period during which people would be eligible for a tax credit for donations made to charities for that same tax year.

20. Calls once again for a review of the cases of unjustified freezing of assets and of inappropriately increased and retroactively applied taxes imposed on individuals and private companies; calls on the Ministry of Justice and the Constitutional Court to put an immediate stop to the selective application of the ‘law of one-time tax on extra profit and extra property acquired by taking advantage of special benefits’, as well as of all the provisions of the other tax laws which permit the imposition of unacceptably high fines that lead to bankruptcy, before the final judgment in tax proceedings; calls on the Serbian authorities to prov ...[+++]ide fair compensation for affected private persons and companies;

Part 1 amends the Income Tax Act in order to create tax-free savings accounts, increase the number of years an individual can contribute to a registered education savings plan, increase tax deductions for northern residents, increase the tax credit for medical expenses, modify the eligibility requirements for the registered disability savings plan (RDSP), extend the mineral exploration tax credit by one year, modify the rules surrounding tax credits for charitable donations, readjust the tax threshold for corporate dividends and put in place various legislative provisions to prevent implementation of the Liberal Bill C-253, which would a ...[+++]llow RDSP contributions to be tax-free.

17. Calls on the Commission to investigate the creation of a legal basis in Community Law for the exemption of voluntary organisations from VAT on purchases intended for the accomplishment of their objective and the exemption of donors from tax on donations for voluntary work purposes;