Charitable Status

Date: Wed, 5 May 1999 11:28:10 -0300
From: "Doug McCann" <MCCANND@gov.ns.ca>
To: drigby@chebucto.ns.ca, nextug@is.dal.ca
Cc: ab934@chebucto.ns.ca, ccn-board@chebucto.ns.ca, ccn-ip@chebucto.ns.ca
Precedence: bulk
Return-Path: <ccn-ip-mml-owner@chebucto.ns.ca>

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Carefull on how you interpret the "$50,000" limit.

It is my understanding that the $50,000 is not a 'deductable', i.e. subtract from gross revenue to determine the proportion on which tax is due.  I understand it is a classification, with some organizations above and below the threshold.  Those below are not required to register and collect the HST.  Those above must register, collect and remit the HST.  (Actual net HST - HST collected minus HST paid, or, the value computed from the flat rate method).

Doug McCann

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