September 3, 2003
Interest earned on investments and from bank accounts is considered income. When completing its Form T3010, Registered Charity Information Return, a registered charity must report interest earned on its investments in Canadian dollars. Interest earned on foreign investments must be converted at the exchange rate in effect on the day the charity received the income or the rate of exchange in effect at the end of the fiscal period (accrual basis only).
- Summary Policy CSP-A03, Accumulation
- Summary Policy CSP-I15, Investments
- Guide T4033, Completing the Registered Charity Information Return
- Form T3010, Registered Charity Information Return
- Date modified: