Searching for Glgi Support information? Find all needed info by using official links provided below.
https://waddellphillips.ca/class-actions/glgi-class-action/
In 2015, the Tax Court of Canada found that the Program was a “sham” perpetrated by GLGI. The courseware licence valuations that were used to support the charitable receipts were wrong, and that GLGI and its accomplices received approximately 90% of the cash donations intended for charities. The trust structure of the Program was also invalid.
http://markets.financialcontent.com/stocks/news/read?GUID=39382116
Jan 16, 2020 · The Tax Court also concluded that the software license valuations obtained by GLGI to support the value of the charitable tax receipts vastly overestimated the actual value of the software licenses, which were actually worth only $0.13-$0.26 each, and that the trust structure of the Gift Program was invalid.
These documents relate to the Milot Law – E.G. Gilmore and Associates Inc. GLGI initiative for the 2004-2013 taxation years. It applies to individuals who did not accept the CRA’s offer to settle or file an appeal in The Tax Court of Canada.
https://ksalaw.co/class-actions-global-learning-group-inc/
From 2004-2014, GLGI operated a charitable tax program called the Global Learning Giving Initiative. Canadian taxpayers made donations through the Gift Program – including cash and courseware donations – on the understanding that the donations would support underserved communities and entitle the taxpayers to valuable charitable tax credits.
http://waddellphillips.ca/wp-content/uploads/2017/10/2017.10.12-GLGI-Class-Action-Press-Release.pdf
PROPOSED CLASS ACTION AGAINST GLOBAL LEARNING GROUP INC. FOR ... GLGI and its accomplices received approximately 90% of the cash donations made by ... The Tax Court also concluded that the software license valuations obtained by GLGI to support the value of the charitable tax receipts vastly overestimated the actual value of the software ...
https://finance.yahoo.com/quote/GLGI
Greystone Logistics Announces Major Contract. TULSA, OK, Aug. 05, 2019 -- Greystone Logistics, Inc. (OTC BB: GLGI), recently signed a $6.8 …
https://taxsolutionscanada.com/glgi-update-current-state-of-the-global-learning-and-gifting-and-initiative/
The GLGI is a registered tax shelter which issued donation receipts to those who participated. The Global Learning and Gifting Initiative was the subject of a CRA audit which led the CRA to identify it to be a “sham” and thus the claims of thousands of taxpayers have been denied. ... This is done by including the appropriate case law ...
http://profitablegiving.ca/recent-news
Recent NEWS. October 9, 2019. ... Welcome Bruce, we look forward to your continuing support for the PGC mandate and objectives. February 10,2019. If you participated in the Canadian Gifts Initiative (CGI) ... GLGI has reported some success with …
https://www.newswire.ca/news-releases/proposed-class-action-against-global-learning-group-inc-for-sham-charitable-donation-tax-scheme-651092923.html
The Tax Court also concluded that the software license valuations obtained by GLGI to support the value of the charitable tax receipts vastly overestimated the actual value of the software ...
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