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continuance failure dissolution

The Dire Consequences of Failing to ‘Continue’ to the New Federal Not-for-profit Corporations Act

By Adam / March 21, 2014 / Comments Off on The Dire Consequences of Failing to ‘Continue’ to the New Federal Not-for-profit Corporations Act

Advisers acting for federal not-for-profit corporations take heed: you have a deadline of October 17, 2014, by which to switch over (or “continue”) to the new Canada Not-for-profit Corporations Act. The changeover period has been running since 2011 and this year is your last chance to comply… and yet, less than 10% of affected corporations…

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Israel Changes Trust Rules

By Adam / March 21, 2014 / Comments Off on Israel Changes Trust Rules

By: Adam Aptowitzer Taxing on the basis of residency rather than citizenship has an element of fairness as, at least in theory, only those who use a country’s services should be forced to pay for them. On the other hand, as times become difficult for governments increasing the tax base is increasingly seductive. In 2000,…

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