Tax Benefits

Both organizations and donors receive tax benefits.

Registered charities and non-profit organizations are exempt from income tax. By definition, registered cultural or communications organizations and recognized political education organizations are necessarily non-profit organizations.

Registered museums are also exempt from income tax, provided they are established and operated for non-profit purposes and their income is not payable or otherwise made available to their proprietors, members or shareholders.

The official donation receipts issued by these organizations allow donors to claim a tax credit (individuals) or a deduction (corporations).