June 16th, 2015
In June Philanthropy Australia released its submission to the Government’s Tax Discussion Paper as part of the Tax White Paper Process, in which it called for the introduction of “an enhanced and simplified taxation and regulatory framework for international philanthropy”.
“Philanthropy Australia believes that enhancing and simplifying the taxation and regulatory framework for international philanthropy would have a relatively small cost to government, in terms of taxation revenue forgone, but could grow the funds available to support important charitable causes in countries within our region and beyond, promote private sector initiatives which support international development and also help support the achievement of Australia’s foreign policy objectives.”
Read the article - Pro Bono Australia
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