Home World News Canadian Jewish philanthropist is fighting $ 2.5 million tax fee

Canadian Jewish philanthropist is fighting $ 2.5 million tax fee

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Canadian Jewish philanthropist is fighting $ 2.5 million tax fee


The Nememan Foundation was charitable in August 2024 and was accused of violation of several income tax actors by the Canadian Revenue Agency

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The Neman Foundation of the Canadian Foundation, which donated to Israel, has difficulty in a command that leaves the group’s assets and a potential multimillion dollar tax fee.

The fund’s charitable status came in 2024 AugustHe also lost the status of the Jewish National Fund. The Canadian Revenue Agency (CRA) accused the Nememan Foundation to support several parts of the income tax law, which is the right to charity.

Last Thursday, the foundation lawyers, Peter Swanstrom and Adam Aptowitzer protested Cra “nonsense“In December of last year, the group froze the assets. The action Prevented the fund Giving the remaining funds to other approved philanthropists, reduced the outstanding tax account.

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This is a “exclusive tool,” said Slystrom, Justice in the Federal Court of Toronto Justice Simon Fothergill. “If the Jeopardy is in force, the Fund is a game for the ability to reduce its $ 2.5 million dollar abolition tax liability.”

Court of Justice, Christopher Van Berkum, the protection of the CRA’s threat is the three main points: “Reduction of respondent’s assets” should demonstrate the costs of the N’EMAN Foundation and believe that non-profit activities do not comply with the income tax law. “

Most of the trial of the court hearing the CEO of the Nememan Foundation, Jaim KatzA Canadian immigrant to Israel. Nememan Foundation was listed as Katz when he lost his / her charity “A person inappropriately“And to control registered charities were banned. However, government lawyers, Katz, later made a leadership role An Emunim FoundationAnother Canadian philanthropist engaged in charitable affairs in Israel they want to contribute to the Nememon Foundation, contributed to the delivery of donors again.

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Development was flagged by the CRA by a member of the independent Jewish sounds caught for the first time Screenshots change After the liquidation of August, the Nememan Foundation was “forgiven”. This, in turn, took it to CRA Suspension of the Charitable Charity of the Emout Foundation the next month.

“This was the director of the respondent, who deals with the Emunch Foundation, the court applied this threat to the court,” Van Berkum told the court.

Swanstrom, in the opening speech, the Nememar Fund’s actions, “when placed in the appropriate context”, the evidence of the Nill is not supporting a reasonable basis to believe in the possible combination – it may be good. “

One Cancel tax It is a charity that violates the status of the government. This is equal to all the value of the organization after the payment of all debts. It can be reduced by transfering assets to another philanthropist. When CRA is afraid that you can’t collect outstanding tax debt, may require a nonsense to ensure the loss of funds from the Federal or Provincial Superior Court.

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Swanstrom stressed that CRA’s plan to cancel the group’s charity and the last concern of the CRA, the final concerns of prominent taxes, the federal evidence of the federal agency is unfounded.

“(National Income Minister) is now trying to threaten,” said Swanstrom, “It should be rejected by the court where no worries are not worried.”

No decision has been made by Justice Fothergill on Thursday.

According to the Neeman Foundation of Canada To the CRA profile The group’s religious tenants related to Jewish believers, doctoral students, and Jewish faith and Jewish faith in Israel have been included in the relief programs to develop and develop the Jewish faith and develop the Jewish faith.

Non-profit tracker Charity informationPolacco, created by the lawyer Mark Bloomberg, the total revenues of the Neman Foundation of the Neman Foundation of Canada were $ 9.7 million in total costs for the financial year of about $ 9.3 million and 2023.

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“This type of movement by CRA is rare in the field of charity, and only the CRA will not pay charities to pay the charity to pay the cancellation tax,” Bloomberg said in writing of the leading specialist in the right to Charity.

“Today, the Charity Directorate, using a risk-based approach to compliance with registered philanthropists, today is concerned today to prevent serious compliance with the rules of charity.”

Cra said the original decision First of all, the state of the Foundation can firstly liquidate the status of the “failure of the” in accordance with the law and / or its rules “the organization’s achievements in charitable activities

The Neman Foundation of Canada called the decision of the “Justice Travesty” and demonstrates the Federal Agency in the persecution of Jewish charities in the persecution of Jewish charities in the oppression of philanthropists in the oppression of philanthropists in the oppression of Jewish philanthropists ejewishphilanthropyA digital newspaper covering philanthropist in the Jewish world.

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