Monday, April 18, 2005

T3010A - Important Message: Changes to Form T3010A Resulting From the Federal Budget 2004

T3010A - Important Message: Changes to Form T3010A Resulting From the Federal Budget 2004: "IMPORTANT MESSAGE: CHANGES TO FORM T3010A RESULTING FROM THE FEDERAL BUDGET 2004
As a result of proposed legislative amendments to the Income Tax Act affecting the annual minimum expenditure requirements for registered charities (i.e., the disbursement quota), the Canada Revenue Agency (CRA) is revising the Registered Charity Information Return (return), form T3010A, for fiscal periods that begin after March 22, 2004. Charities completing returns for fiscal periods that begin after March 22, 2004 are required to use the revised form T3010A (05). The CRA will mail this new form to registered charities in May 2005.
What form should you use?
If you are filing a return for a fiscal period that begins before March 23, 2004 (e.g., January 1 to December 31, 2004 fiscal period), you should use form, T3010A.
If you are filing a return for a fiscal period that begins after March 22, 2004 (e.g., April 1, 2004 to March 31, 2005 fiscal period), you are required to "

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