81.4 Income Tax Amendments/Donation to Funds
Whereas, Nationally organized societies of volunteers contribute to the improvement of understanding amongst Canadians; and,
Whereas, Many nationally organized societies of volunteers approach government to urge social change; and,
Whereas, Increased costs due to inflation are jeopardizing the existence of nationally organized societies of volunteers; and,
Whereas, The Department of National Revenue permits Charitable Trust Funds to be set up by organizations for cultural and educational purposes; therefore be it,
RESOLVED, That the National Council of Women of Canada:
- Urge the Government of Canada to amend the Income Tax Act to allow deduction for income tax purposes of donations to funds established by registered nationally organized societies of volunteers, the revenue from which must be used for operating costs.
- Reiterate to the Government of Canada the support given by Council to recommendations relating to the Income Tax Act and Charitable giving in Canada; submitted to the Secretary of State in June 1978 and included in the NCWC Brief presented to the Government of Canada in January 1979 as the NCWC Response to the 1978 Report of the National Advisory Council on Voluntary Action.
- Maintain a watching brief on continuing consultations between the federal government and voluntary organizations relating to the Income Tax Act and charitable giving in Canada; especially as the consultations relate to:
- a) A redefinition of Charity;
- b) Allowable political activity by voluntary organizations;
- c) Tax incentives for individual giving to voluntary organizations;
- d) Bill C 10: An Act respecting non-profit organizations.