Rules · NPO
NPO-01 — T1044 is required for a 149(1)(l) organization, or an agricultural organization
Stale — principle only — The principle holds; a figure or date in it may not. Check the figure before you use it.
Stale — principle only (Rev. 19, 2020; thresholds not indexed since 1993)
T1044 is required for a 149(1)(l) organization, or an agricultural organization, board of trade or chamber of commerce under 149(1)(e), if any one of: taxable dividends, interest, rentals or royalties received or receivable exceeded $10,000 in the fiscal period; total assets at the end of the immediately preceding fiscal period exceeded $200,000 at book value; or a T1044 was required for any previous period. That third test is permanent — once triggered, the organization files forever regardless of revenue or assets. Excluded: registered charities, RCAAAs, RNASOs, and 149(1)(i) low-cost-housing corporations. Due six months after the fiscal period end. Penalty $25/day, minimum $100, maximum $2,500
Sources
- T4117 (primary) · local copy