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Young Associates

Home
About
History
Staff
Contact
Customers
Customer List
Customer Orientation
Services
Bookkeeping & Financial Services
Payroll Processing
Payroll Consulting
Digital Strategies
Consulting
Book
Explore the Book
Buy the Book
First Edition Reviews
About Heather Young
Quotable Quotes
Resources
News
Glossary
Links
Payroll Resources
Seminars
Send Secure Documents
Get a Quote
Young Associates
June 7, 2012
Tax & Law

We secured a sponsorship for our event. Can I issue a charitable donation receipt?

Young Associates
June 7, 2012
Tax & Law

No.

Your sponsor has purchased something from you – an agreed package of promotional benefits in exchange for their financial support. They have not made a donation.

Here’s the citation from the CRA website: What is a gift?

Tagged: Sponsorship, CRA, Tax Receipts, Charities

Newer PostAccounting for In-kind donations
Older PostWe were audited by the Canada Revenue Agency but we don’t understand or agree with the outcome. What recourse do we have?

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Young Associates, 203-675 King St W, Toronto, ON, M5V 1M9, Canada416-923-8557info@youngassociates.ca

Young Associates • 1714 - 3230 Yonge Street • Toronto • Ontario • M4N 3P6
T 416.923.8557 • info@youngassociates.ca
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