Do you make a charitable donation? Since this money has been given away for the common good, the government believes that the cost of your goodness deserves to be reduced.
- Natalie Hotte, Senior Advisor, Planning and Taxation, at National Bank Financial
Separate tax credits are granted by the federal and provincial levels of government.
However, these credits are granted to you only on the basis of an official receipt provided by a charitable organization recognized by the Canada Revenue Agency (CRA).
TO WHICH ORGANIZATION?
The Prestressed Concrete Foundation is asking for your donations. Is the organization registered?
On its page entitled "List of charities and other qualified donees", the CRA offers search engines for the different types it recognizes: charities, registered Canadian amateur athletic associations, municipal or public bodies that fulfill government functions in Canada, registered municipalities, and a few others.
“The Charities Listings remains the best tool available to the public to verify whether an organization is registered as a charity with the Agency. »
- Dany Morin, CRA spokesperson
The consultation is also instructive. We learn, for example, that the Church of Simplicity and Prosperity inc. de Shefford gave receipts for donations totaling $6,143 in 2017. Or that your donation to the Horseshoe Canada Association, which promotes horseshoe throwing, will earn you a tax receipt.
IN QUEBEC
If the organization is recognized by the Canada Revenue Agency, it is also recognized by Revenu Québec. To check if it is duly registered, Revenu Québec invites you to consult the list on the CRA site.
However, Revenu Québec, for its part, recognizes certain Québec amateur sports associations and a few political education organizations, which are not on the CRA's list.
How to check if a donation to the Association Outremontaise de baseball-poches (fictional) or to the United Organizations for the Independence of Quebec (very real, that one) will be tax deductible?
In the absence of any search tool, you have no choice but to contact Revenu Québec.
The Secretariat for Access to Information and the Reform of Democratic Institutions tells us that there are only four recognized political education organizations: the National Action League, United Organizations for Independence, the Mouvement national des Québécoises and the Institut de recherche sur le Québec.
Registered Quebec amateur sports associations and political education organizations are not recognized for the purposes of the federal tax credit.