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To gain charity status, organizations must first register with the federal Canadian Revenue Agency under the Income Tax Act. [5] To be eligible for charitable tax status, charities need to provide a public benefit, such as poverty relief or education, [6] and they are limited in their business and political activities, including making profit or engaging in partisan behavior. [7]
The board develops the CRA's Corporate Business Plan each year, which sets out objectives, performance expectations, and financial allocations within the agency. [28] The Board of Management is divided into four committees, Audit, Governance and Social Responsibility, Human Resources, and Resources, and one subcommittee, Service Transformation ...
Central Business Register — the official registry of Danish businesses. Danish Commerce and Companies Agency (da:Erhvervs- og Selskabsstyrelsen) — former administrator of the Central Business Register, since a reorganization in 2012 a part of the Danish Business Authority (da:Erhvervsstyrelsen).
A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries.
Tax returns in Canada refer to the obligatory forms that must be submitted to the Canada Revenue Agency (CRA) each financial year for individuals or corporations earning an income in Canada. The return paperwork reports the sum of the previous year's (January to December) taxable income, tax credits, and other information relating to those two ...
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Registration is normally mandated by the government of that jurisdiction. A company register serves a purpose of protection, accountability and control. In contrast many countries also operate a statistical business register which has a different purpose and plays a central part in a system of official economic statistics at a national ...
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