Staff Reporter, Monday, 20th September 2010 -
The Australian Taxation Office is to challenge a Federal Court decision to allow a rural community bank tax exemption status.
Wentworth District Capital Ltd (WDCL) was set up as a…
Staff Reporter, Thursday, 22nd July 2010 -
The Tax Man is planning to crack down on incorrect GST treatment and the misuse of tax concessions by Not for Profit organisations in the ATO Compliance Program for 2010-11
Tax Commissioner…
Staff Reporter, Monday, 5th July 2010 -
The Australian Tax Office has released two new guides for Not for Profit clubs, societies and associations that aren’t exempt from income tax.
The ‘Mutuality and taxable…
Staff Reporter, Wednesday, 10th March 2010 -
The Australian Tax Office has released a new webpage providing answers to frequently asked questions about tax concession charities, including endorsement requirements,…
Staff Reporter, Thursday, 11th February 2010 -
The Australian Tax Office has released a new Private Ancillary Fund (PAF) model trust deed.
The model trust deed for Private Ancillary Funds (PAFs) replaces the model deed issued…
Staff Reporter, Monday, 8th February 2010 -
The Australian Tax Office (ATO) has developed a new initiative to help Not for Profit organisations understand their tax obligations and entitlement to tax concessions.
Over the…
Lina Caneva, Thursday, 14th January 2010 -
An Australian Tax Office investigation has found that a number of Public Ancillary Funds endorsed as deductible gift recipients (DGRs) are in breach of their trust deed.
Staff Reporter, Monday, 21st December 2009 -
The move comes after continuing consultation with Australian charities.
The ATO says the rewrite aims to clarify the principles used in the ‘market value’ and ‘cost…
Staff Reporter, Tuesday, 24th November 2009 -
The Australian Tax Office (ATO) has launched Application Packs to be used for endorsement as a tax concession charity, income tax exempt fund and/or a deductible gift recipient. …