![]() For property equal to or less than $1 million, the DQ rate remains at 3.5%. On the portion of property exceeding $1 million, the DQ rate increased from 3.5% to 5%.On January 1, 2023, the following amendments came into effect: The disbursement quota (DQ) is the minimum amount that a registered charity is required to spend each year on its own charitable activities or on qualifying disbursements through gifts to qualified donees or grants to non-qualified donees (grantees). Changes to the disbursement quota rules for charities To reflect this change, we revised Form T3010, Registered Charity Information Return. For more information, see Guidance CG-032, Registered charities making grants to non-qualified donees. Qualifying disbursements: grants to non-qualified donees (grantees)Īs of June 23, 2022, the Government of Canada passed legislation to allow Canadian registered charities to make grants to non-qualified donees (grantees). Confirmation of Annual Information Return Filing.After you send your completed information return. ![]()
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