00000nam 2200000za 4500 9.847370 CaOODSP 20221107153427 cr ||||||||||| 180424s2012 oncd |ol f000 0 eng d CaOODSP eng n-cn--- YN5-129/2012E-PDF Tapp, Stephen. Federal cost estimate of Bill C-399 [electronic resource] : volunteer tax credit / [prepared by Stephen Tapp]. Volunteer tax credit Ottawa : Office of the Parliamentary Budget Officer, 2012. ii, 11 p. : charts. Issued also in French under title: Estimation du coût fédéral du projet de loi C-399 : crédit d’impôt pour bénévoles. "September 24, 2012." Includes bibliographic references. "This note responds to a request by the House of Commons Standing Committee on Finance for the PBO to estimate the cost of Bill C-399, which proposes tax incentives for volunteers. PBO estimates that the federal cost of this Bill, in terms of foregone tax revenue, would average roughly $150 to $430 million annually over the first five years of implementation. The range provided is from ‘low-cost’ and ‘high-cost’ scenarios that alter key assumptions and is intended to convey the uncertain nature of these estimates. In the low-cost scenario an average of 1.7 million volunteers claim the tax credit each year, versus 2.9 million in the high-cost scenario. The analysis highlights that the most important issue impacting the potential cost of this Bill — and which has not yet been precisely defined — is the interpretation of which volunteer organizations would be eligible because they “primarily aid vulnerable populations”"--Summary, p. ii. gccst Volunteer work gccst Tax credits gccst Legislation Canada. Office of the Parliamentary Budget Officer. Estimation du coût fédéral du projet de loi C-399 (CaOODSP)9.855710 PDF 1.40 MB https://publications.gc.ca/collections/collection_2018/dpb-pbo/YN5-129-2012-eng.pdf