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Blogs tagged with Global Learning and Gifting Initiative

Global Learning and Gifting Initiative Update

Each and every year, Canadians donate hundreds of thousands of dollars to various charities to assist come tax time. This strategy can help reduce assessed monies owed and level out overall income. However, as we’ve seen with the Global Learning and Gifting Initiate, sometimes those charities are less than reputable…

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GLGI – Global Learning and Gifting Initiative 2015 Update

We last wrote about the Global Learning and Gifting Initiative in December 2014 – you can check that blog out here (http://taxsolutionscanada.com/legitimate-donation-or-fools-gold-the-current-state-of-the-global-learning-and-gifting-initiative-glgi/), and nothing new has occurred since we wrote – most people’s cases remain pending and objections are being held in abeyance while the test cases are plodding through…

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Legitimate Donation or Fool’s Gold? The Current State of the Global Learning and Gifting Initiative (GLGI)

Tens of thousands of Canadian taxpayers bought into the GLGI tax shelter and unfortunately for them, this had led to thousands of tax audits, objections and, in many cases, tax court appeals. After several years of audits, objections and now appeals before the Tax Court, the CRA has recently begun…

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