Date: March 3, 2014
Type: Occasional Paper
Document: http://www.pemselfoundation.org/sites/default/files/Current%20Developments%20in%20the%20Application%20of%20Subsection%20149%281%29%281%29%20of%20the%20Income%20Tax%20Act.pdf
Pemsel Board member David Stevens and his colleague, Faye Kravetz, have undertaken a comprehensive analysis of the Income Tax Act provision under which non-profit organizations are defined, the case law interpreting its meaning and the Canada Revenue Agency positions on the requirements set out in the provision.