![]() ![]() The findings were compared with previous results from 2011–12, and similar organisations in the United Kingdom and Netherlands. Updating a previous AHURI project (70689), this study sought to understand strategic positioning and decision-making in the Australian NFP housing sector in 2013–14 by interviewing CEOs from 20 larger NFP organisations. The conclusion is that the exemptions can be justified and, further, that a rationale for the exemption can be consistent with the reasoning in the Word Investments case. ![]() ![]() This article examines the income tax exemption by applying the five taxation design principles, proposed in the Australia’s Future Tax System Review, for assessing tax expenditure. However, the government acted in the 2011 Budget to target the not for profit income tax concessions more precisely, mainly on competitive neutrality grounds. Despite being unable to quantify with any certainty the pre- or post-Word Investments cost of the tax concessions, both Reports indicated their support for continuation of the income tax exemption. ![]() Australia’s Future Tax System Review, headed by the then head of the Australian Treasury, and the Productivity Commission’s Research Report on the not for profit sector, both examined the state of tax concessions to Australia’s not for profit sector in the light of the High Court’s decision in Commissioner of Taxation v Word Investments Ltd. ![]()
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