GST523 Revenue Calculations
We recently came engaged with a non-profit organization that had recorded funds that they received on behalf of an affiliated organization as revenue. This was a substantial amount, and pushed their…
We recently came engaged with a non-profit organization that had recorded funds that they received on behalf of an affiliated organization as revenue. This was a substantial amount, and pushed their…
To be considered an non-profit organization (NPO) for GST/HST, the NPO must have at least 40% government funding. That funding does not necessarily need to be in the current year.…