Organizations and donors both receive tax benefits. Any organization that can issue official receipts is exempt from income tax.
A registered museum is also exempt from income tax, provided the following two conditions are met:
- It is established and administered for non-profit purposes only.
- Its income is not payable or otherwise made available to its proprietors, members or shareholders.
Donors that receive an official receipt can claim:
- a tax credit (individuals)
- a deduction in the calculation of their income tax (corporations)