Tax Receipt Information
Camp Oochigeas is committed to following all rules and regulations regarding tax receipting set out by the Canada Revenue Agency (CRA). This is also imperative to maintain our charitable status.
It is very important to first ask yourself:
Is receiving a tax receipt important to the people participating in my event?
If the answer is NO, you will be saving yourself and Camp Oochigeas many hours of work by deciding not to offer them. Camp Oochigeas would be pleased to provide a thank you letter confirming any gift rather than issuing a tax receipt.
If the answer is YES, then be sure to review the following information about tax receipts and talk with us to confirm your plan.
Tax Receipt Guidelines - PDF copy
Community Event Guidelines - Tax Receipting
It is very important that you understand the rules about tax receipts BEFORE you plan your event. The requirements for receipting are extensive and time consuming. You may decide, in the end, that if only a small tax receipt can be issued, it may be better not to offer them at all.
It is your responsibility to communicate decisions surrounding tax receipting to the participants of the event, so please be sure you have discussed your situation in detail with a Camp Oochigeas representative and that you are clear about what you can and cannot offer.
Tax Receipting Guidelines:
Camp Oochigeas must adhere to all Canada Revenue Agency (CRA) rules and regulations in order to retain our charitable status. We reserve the right to audit the records pertaining to any event in order to ensure compliance with the CRA.
Camp Oochigeas will only issue tax receipts for the amount of the actual donations received by the camp office. Tax receipts cannot be issued for funds used to cover the costs of the event or other administrative expenses incurred by the organizer.
Camp Oochigeas is permitted to issue tax receipts to individuals that make a donation without receiving a tangible item or benefit in return. Benefits could include: dinner, alcohol, chance to bid on auction items, entertainment, parking, etc. Tax receipts are provided for donations of $25.00 or more, providing the donor meets the above conditions.
Tax Receipts will be issued for Community Events:
· Provided the office receives a statement showing all revenues and expenses from the event
· Provided the event organizer ensures that the amount of money collected after expenses is sufficient to cover the amount of money for which receipts have been requested.
· All other CRA conditions are met.
Note: Tax receipts dated for the year of your event can only be issued if all money and information is received by December 1st of that year. This is applicable to all Community Events.
Tax Receipts will not be issued:
· For the purchase of admission tickets, green fees or auction items
· For in-kind goods donated to an event
· For donated services such as hiring an entertainer or auctioneer for an event
· For sponsorship, as advertising or promotion (a tangible benefit) is being received in return for the payment
· For gift certificates donated by the issuer of the certificate
Please note: Sponsors and other corporate contributors may be provided with a business gift letter as proof of contribution. Often, a charitable tax receipt is neither required nor appropriate for this group of contributors.