Information on how to apply for exempt status under Section 12(h) of the Income Tax Act, as well as the process for becoming an approved charity.
PROCEDURES FOR APPROVING APPLICATIONS FOR CHARITABLE STATUS UNDER SECTION 12(H) INCOME TAX ACT
Section 12(h) of the Income Tax Act exempts from Income Tax the income of any corporation or association organized and operated exclusively for religious, charitable, scientific or educational purposes, no part of the net income of which enures to the benefit of any private stockholder or individual: provided that it shall be in the discretion of the Commissioner General to determine whether or not a corporation or association comes within the meaning of this provision.
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