'In Australia' special conditions for income tax exemption
In April 2014 Not-for-profit Law provided comment to the Treasury on the Tax and Superannuation Laws Amendment (2014 Measures No. 3) Bill 2014: in Australia Special Conditions. Given the impact of the proposed reforms on small not-for-profit organisations and charities, Not-for-profit Law has been actively engaged in consultation and closely monitoring the passage of the measures since the original exposure draft was released in 2011.
In the related documents on this page you can find our 2011 submission in reponse to the 'In Australia' Special Conditions for Tax Concession Entities as well as our 2012 submission in response to Restating and standardising the special conditions for tax concession entities (including the ‘in Australia’ conditions).
You can read Not-for-profit Law's most recent comments to the Treasury on the Tax and Superannuation Laws Amendment here: