Permissive Tax Exemptions

Policy No. 6.15 requires your organization to submit a copy of its most recent financial statements and budget, as well as a copy of the latest registered charity or non-profit organization information return. Also, please take note of Section 5 of the policy which sets out future reductions in permissive tax exemption allocations. In accordance with the policy, the allocation for exemptions will be reduced over time from 2.5% of the annual budget to 1.67% of the annual budget. This may result in proportionately reduced exemptions for all recipients.

Please see the policy below for eligibility and criteria.

• Policy

The deadline for the 2019 taxation year was June 29, 2018.

If you have any questions, please contact the Deputy Corporate Officer at 250 954-3070 or by email at aweeks@parksville.ca.