Taxation

Government Starts Consultation On Rewriting Trust Income Tax Provisions

24 November 2011 | The Federal Government has released a consultation paper as part of a move to update the taxation of trusts, including charitable trusts.

Tax Office Ruling on ‘Charity’ Creates Uncertain State of Limbo

03 November 2011 | The Australian Tax Office has delivered a new ruling on its view of charities following recent court decisions, forcing it to deliver an interim definition of ‘charity’. For some in the Not for Profit sector the ruling creates an uncertain state of limbo.

ATO Releases Self-Governance Checklist for NFPs

06 October 2011 | The Australian Tax Office has released a checklist to help Not for Profit organisations with their tax and superannuation affairs.

National Tax Forum Must Consider Social Equity - VCOSS

15 September 2011 | Special Tax Edition | The Victorian Council of Social Service (VCOSS) has urged participants to the October Tax Forum to remember that the point of the tax system is social equity and stability.

Sector in the Taxman's Sights - Opinion

15 September 2011 | Special Tax Edition | Tax not only affects the work of the community sector, but the sector itself. After years of inactivity, it’s now facing significant tax reform and the devil may be in the detail, says Myles McGregor Lowndes from the Australian Centre of Philanthropy and Nonprofit Studies.

Why Does Tax Reform Matter to the Community Sector? - Opinion

15 September 2011 | Special Tax Edition | Why does tax reform matter to the community sector, beyond that it allows sufficient revenue to be raised for programs and services? Australian Council of Social Service (ACOSS) CEO Cassandra Goldie outlines how tax can change the way disadvantage is caused.