Category: Charity

Not-for-profit bills introduced into parliament

11/9/2012

28/3/2011

What this Ruling is about...

Various state taxation statutes1 administered by the Office of State Revenue each provide exemptions, in certain specified circumstances, from the relevant state taxes for organisations which qualify as charitable institutions.
The relevant statues define a charitable institution as being an institution registered under Part 11A of theTaxation Administration Act 2001 (the Administration Act). Charitable institutions can encompass a number of specific categories of organisations covering educational, religious and public benevolent activities. Also an institution may qualify if its principal object or pursuit is the fulfilling of a charitable objection or promotion of the public good (not being an object or pursuit that is leisure, recreational, social or sporting).
This previous version of this Public Ruling (GEN006.3) provided guidelines on the Commissioner’s practice in relation to when an institution’s principal object or pursuit would be considered to be the fulfilling of a charitable object or the promotion of the public good.
This purpose of this Public Ruling GEN006.4 is to withdraw Public Ruling GEN006.3 pending technical review