Philanthropy Australia has submitted comments in response to the Inquiry into Tax Laws Amendment (Public Benefit Test) Bill 2010.
We would direct the Committee’s attention to recommendation 7.1 of the Productivity Commission Report into the Contribution of the Not-for-Profit Sector as a more comprehensive and efficient way of ensuring clarity around the definition of charitable purposes.
The Australian Government should adopt a statutory definition of charitable purposes in accordance with the recommendations of the 2001 Inquiry into the Definition of Charities and Related Organisations.
Jun. 16, 2010
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