Taxation of Not for Profit Entities

Published on 24 Aug 2011 | Took place at Oaks on Collins, Melbourne, VIC

The taxation of the not for profit sector is undergoing significant change as a result of judicial trends and new legislation against a back drop of intense ATO scrutiny of the sector. The challenges facing those involved in the not for profit sector are often underestimated.

This event explored these developments including:

• review of the meaning of "charitable" following Word Investments and Aid/Watch
• budget announcements and the establishment of the Australian Charities and Not-for-Profits Commission
• ATO update
• the difference between a fund and institution
• ATO endorsement: Tips and traps
• the difference between charitable institutions and PBIs
• the fundraising rules.