The statistics provided on the following pages is for reference purposes best and have to no longer be taken into consideration or depended on as an authoritative or exhaustive source.
Among its diverse obligations, the Board certifies cultural assets for profits tax purposes. In this role, it makes determinations with admire to the “first-rate importance and countrywide importance” and the honest market fee of gadgets or collections donated or bought to unique Canadian museums, art galleries, archives and libraries.
The Review Board also opinions appeals of applications for export lets in which have been denied. If it determines that the assets for which an export permit has been denied is of “tremendous significance and country wide importance”, it establishes a delay length of between and 6 months all through which the property have to remain in Canada.
During this period, designated establishments and public government are notified of the availability of the property and might request a Movable Cultural Property Grant to assist with the acquisition of cultural property a good way to hold it in Canada
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