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Employee Ownership Trusts—Improved Tax Incentives Announced

The Canadian Department of Finance introduced draft legislation in the 2023 Canadian Federal Budget Budget 2023 to create employee ownership trusts EOTs to facilitate the transfer of a business to the employees of the business. We provided an overview of the rules initially proposed in Budget 2023 in Employee Ownership Trusts—A Useful Tool for Employee Business Ownership?, and recommended various revisions to the proposed rules to improve the tax incentives and ease some of the conditions requ...
Wesley Novotny Wade Ritchie Marshall Haughey Employee Ownership Written By Wesley Novotny Canadian Department

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Destinations International Announces New Destination Booking Agreement

Destinations International (DI) announced its new Destination Booking Agreement (DBA) at IMEX America 2022. With it comes a toolkit that provides standardized guiding principles to establish mutually agreeable terms to protect both destinations and business events strategists. The toolkit is comprised of the following:
United States Dustin Armheim Melissaa Riley Don Welsh Cvbs Dmos Destinations International Large Market Roundtable

Most Charity Fundraisers Believe DAFs Are a Useful Tool, Not a Problem to be Solved

In an op-ed published in The Chronicle of Philanthropy, Indiana University Lilly School of Philanthropy Professor Emeritus Leslie Lenkowsky wrote about a recent Chronicle of Philanthropy webinar for fundraisers focused on building ties to DAF donors.
United States Elizabeth Boris Council On Foundations Most Charity Fundraisers Useful Tool Attracting Gifts

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