Monday, March 12, 2012

ON Nature magazine no longer to be sold on newsstands

ON Nature magazine will no longer be available on newsstands. Its parent organizaation, Ontario Naturemaking the magazine a pure benefit of membership. According to a story in Mastheadonline, the organization is now throwing in the towel in order to be able to give a 100% tax receipt to members who give $50 or more. Previously, because the magazine had a cover price (necessary for newsstands), Canada Revenue wouldn't allow a tax receipt to be issued  for subscriptions to members because the magazine was considered a material benefit.
The magazine has been putting about 800 copies on newsstands per issue, the story said.
In 2008, the magazine gave up its postal subsidy because of a long-running dispute with Canadian Heritage over a requirement to provide the magazine completely separately from membership in the parent organization.


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