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008180424s2012    oncd   |ol   f000 0 eng d
040 |aCaOODSP|beng
043 |an-cn---
0861 |aYN5-129/2012E-PDF
1001 |aTapp, Stephen.
24510|aFederal cost estimate of Bill C-399 |h[electronic resource] : |bvolunteer tax credit / |c[prepared by Stephen Tapp].
24630|aVolunteer tax credit
260 |aOttawa : |bOffice of the Parliamentary Budget Officer, |c2012.
300 |aii, 11 p. : |bcharts.
500 |aIssued also in French under title: Estimation du coût fédéral du projet de loi C-399 : crédit d’impôt pour bénévoles.
500 |a"September 24, 2012."
504 |aIncludes bibliographic references.
520 |a"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.
69207|2gccst|aVolunteer work
69207|2gccst|aTax credits
69207|2gccst|aLegislation
7101 |aCanada. |bOffice of the Parliamentary Budget Officer.
77508|tEstimation du coût fédéral du projet de loi C-399 |w(CaOODSP)9.855710
85640|qPDF|s1.40 MB|uhttps://publications.gc.ca/collections/collection_2018/dpb-pbo/YN5-129-2012-eng.pdf