Charities failing to file subject to penalty and review.Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. charities applying for re-registration after revocation The recall of some power or authority that has been granted. Revocation by the act of a party is intentional and voluntary, such as when a person cancels a Power of Attorney that he has given or a will that he has written. because of failure to file their annual return may be subject to a $500 late filing penalty. Their application for renewal will be treated as a new charity. The amount of penalty will depend upon their taxation year and when they received their Notice of Intention to revoke To annul or make void by recalling or taking back; to cancel, rescind, repeal, or reverse. revoke v. to annul or cancel an act, particularly a statement, document, or promise, as if it no longer existed. . A Canadian charity that fails to file an annual return is considered to be not complying with the Income Tax Act and subject to sanctions Sanctions is the plural of sanction. Depending on context, a sanction can be either a punishment or a permission. The word is a contronym. Sanctions involving countries: Organizations seeking re-registration are treated in the same way as new, first time applications. When applying for re-registration, organizations must meet all the current legislative requirements. "An organization that qualified for registration several years ago may not qualify today, or may have to make changes to its objects and activities." www.cra-arc.gc.ca Paid Employees by Area of Activity Nonprofit and Voluntary Organizations, June 2005 Activity Number & % Arts & Culture 72,798 6.1 Sports & Recreation 130,913 10 Education & Research 100,591 8.5 Health 192,798 16.3 Social Services 297,250 25.1 Development & Housing 182,337 15.4 Law, Advocacy & Politics 5,915 1.3 Grant-making, Fundraising & Voluntarism Promotion 28,642 2.4 International 5,081 0.4 Religion 109,307 9.2 Environment 14,848 1.3 Other 35,282 3.0 All areas 1,185,762 100.0 Excludes employees in Universities and Colleges, Hospitals and Business and Professional Associations and Unions. Source: Cornerstones of Community: Highlights of the National Survey of Nonprofit and Voluntary Organizations, June 2005. Ottawa: Statistics Canada |
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