Putting Unions on the Same Playing Field as Charities

The union itself is exempt from tax, even on its investment income


The Income Tax Act gives tax breaks to Canadians for various purposes. However, there are two major groups in particular who benefit most directly from tax breaks within the Income Tax Act. One is registered charities, the second is labour unions. While both groups benefit from taxpayer-aided income tax laws, the way they disclose to the public what they do with the money is very different. A new private members’ bill in Parliament seeks to change this.
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