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Economic, social value of flow-through share gifting should not be underestimated

While the CRA’s efforts to stem the activities of these malicious gifting tax shelter schemes are absolutely justified, its aggressive public awareness push to warn people away from such frauds may have the inadvertent and unfortunate impact of undermining the positive social impact of the very few legitimate donation gifting programs in existence.

The Hill Times photograph by Jake Wright
National Revenue Minister Gail Shea, pictured in this file photo, is responsible for the Canada Revenue Agency.
By LISA DAVIS |
Published: Wednesday, 03/20/2013 1:13 pm EDT
Last Updated: Friday, 04/12/2013 12:32 pm EDT

 

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Economic, social value of flow-through share gifting should not be underestimated

While the CRA’s efforts to stem the activities of these malicious gifting tax shelter schemes are absolutely justified, its aggressive public awareness push to warn people away from such frauds may have the inadvertent and unfortunate impact of undermining the positive social impact of the very few legitimate donation gifting programs in existence.

The Hill Times photograph by Jake Wright
National Revenue Minister Gail Shea, pictured in this file photo, is responsible for the Canada Revenue Agency.
By LISA DAVIS | March 20, 2013

 

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Canadian Secretary to the Queen Kevin MacLeod.
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Mr. Rowe and Conservative MP Wladyslaw Lizon.
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Tory MP Rob Clarke.
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Anthony Carricato.
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Tory MP Dave MacKenzie.
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Award for Excellence in Comprollership in the Public Sector. CPA Canada's Elly Meister, Heather Whyte and Lianne Thompson.
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Award winner, Fisheries and Oceans' CFO Roch Huppe.
Laura Ziebell and Aboriginal Affairs' Jamie Hollett, graduate of Charter Management Accountants' PFA program.
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Cassandra Dorrington, board co-chair of CPA Canada.
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Award winner Jim Saunderson of Western Economic Diversification.
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Lifetime achievement winner Richard Neville.

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