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NFP Update: Final Ruling released for special conditions on income tax exemption and other news

Dr Matthew Turnour & Rachel Sloper (26 February 2015) Final Ruling released for special conditions on income tax exemption Following Draft Ruling 2014/D5 last year, the Australian Taxation Office has released TR 2015/1, which sets out the Commissioner of Taxation’s view on particular special conditions that a not-for-profit entity must satisfy to maintain entitlement to […]

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NFP Update: The ACNC’s future and PBI loses rates exemption

Dr Matthew Turnour (9 February 2015) The ACNC’s future With the development in federal politics over the weekend, people interested in the not-for-profit sector and the future of the Australian Charities and Not for Profits Commission might have missed some comments by the Minister for Social Services reported in the Sydney Morning Herald. That newspaper

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Happy 2015: a roundup of NFP developments over the holiday season

Dr Matthew Turnour, Mark Fowler & Rachel Sloper (14 January 2015) What’s next for the ACNC? Report on replacement consultation released The long-awaited report summarising feedback on July’s Australia’s Charities and Not-for-Profits Options Paper, which asked the sector for input on options for replacing the ACNC’s regulatory functions, was publicly released on 19 December 2014.

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Provision of Housing by Charities – ACNC Commissioner’s Interpretation Statement

Mark Fowler (5 December 2014) This week the Commissioner of the Australian Charities and Not-for-profits Commission released an Interpretation Statement on the Provision of Housing by Charities (CIS 2014/02). As described by the Commissioner, the main issues addressed in the Interpretation Statement are: What charitable purposes may be fulfilled through the provision of housing? To

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