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What are the consequences of improper record keeping?

Failure to keep adequate books and records may result in the suspension of a registered charity’s tax receipting privileges, or the loss of its registered status.

 

This page has been copied from the CRA site:  https://www.canada.ca/en/revenue-agency/services/charities-giving/charities/operating-a-registered-charity/books-records.html?utm_source=charities&utm_medium=eml