Record Details

Allowing Charities to “Do More Good” through Carrying on Unrelated Businesses

Canadian Journal of Nonprofit and Social Economy Research

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Field Value
 
Title Allowing Charities to “Do More Good” through Carrying on Unrelated Businesses
 
Creator Larre, Tamara
 
Subject Social enterprise; Taxation of charities / Entreprise sociale; Imposition d’œuvres caritatives
 
Description One way in which charities could increase their positive impact on society is by raising revenue through carrying on a business. Current income-tax legislation in Canada, however, restricts the ability of charities to do so by prohibiting them from carrying on an unrelated business. This article reviews the current law and explores the options for loosening this restriction, while at the same time addressing the potential problems associated with charity-operated businesses. In the end, the author recommends that all charities except private foundations be permitted to operate small businesses, so long as the business activities are disclosed to donors. Les œuvres caritatives pourraient augmenter leur impact positif sur la société en faisant accroître leur revenu au moyen d’une activité commerciale. Au Canada, cependant, la loi actuelle de l’impôt sur le revenu restreint la liberté des œuvres caritatives en les interdisant de gérer un commerce sans lien avec leur activité principale. Cet article passe en revue la loi actuelle et explore les options pour libéraliser la loi, tout en recensant les problèmes potentiels associés aux commerces qui seraient gérés par des œuvres caritatives. Au bout du compte, l’auteur recommande que toute œuvre caritative à l’exception de la fondation privée ait la permission de tenir une petite entreprise, en autant que l’œuvre mette ses donateurs au courant de son activité commerciale.
 
Publisher CCSP Press, Simon Fraser University
 
Contributor —
 
Date 2016-06-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
research-article
 
Format application/pdf
 
Identifier http://www.anserj.ca/anser/index.php/cjnser/article/view/207
http://hdl.handle.net/10515/sy5zc7sb4
10.22230/cjnser.2016v7n1a207
 
Source Canadian journal of nonprofit and social economy research; Vol 7, No 1 (2016)
1920-9355
 
Language eng
 
Relation http://www.anserj.ca/anser/index.php/cjnser/article/view/207/136