Fairness
Summary policy
Date
November 3, 2005
Reference number
CSP-F15
Key words
Fairness
Policy statement
Under the Income Tax Act, the Minister may waive or cancel all or any portion of any penalty or interest otherwise payable under the Act by a charity in respect of a taxation year.
For more information, go to Taxpayer Bill of Rights.
References
- Income Tax Act, R.S.C. 1985 (5th supp.) c. 1, ss. 220(3.1)