First issue of Treasury’s ‘Not for profit Reform Newsletter’
Date published :
20
October
2011
The first issue of Treasury's
'Not‑for‑profit Reform Newsletter' is now available (click here to download (WORD DOC 646kb))
or visit the Treasury website here.
The Government is undertaking a
significant reform agenda of the not-for-profit (NFP) sector that
was announced in the May 2011 Budget. The first stage of reforms
are the establishment of the Australian Charities and
Not-for-profits Commission (ACNC), the better targeting of NFP
concessions, and the introduction of a statutory definition of
'charity'. The content of this first newsletter includes: The
reform agenda - an overview, Better targeting of tax concessions,
Treasury's role in the reform process, The Implementation
Taskforce, What's happening in the next month and What's
coming up in the next 12 months.
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