I believe the concept is to use a base year and then to average going forward...to use a base for, say, 2012, and then, once the 2013 and 2014 contributions were in, to do an averaging exercise.
On October 3rd, 2012. See this statement in context.
On October 3rd, 2012. See this statement in context.
Chair, Charities and Not-for-Profit Law Section, Canadian Bar Association
I believe the concept is to use a base year and then to average going forward...to use a base for, say, 2012, and then, once the 2013 and 2014 contributions were in, to do an averaging exercise.
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