There are no end of sections in the Income Tax Act which are
important for non-profits and charities. There are similar requirements
that each organization must file returns, though the details
of each kind of return are different for the two types of organizations.
Failure to file a return can, in the case of Non-profits, result
in fines while not filing the T3010 for a charity can lead to
deregistration and a 100% tax on all its assets.
