30 Aug 2011
This discussion paper is a submission by ClubsAustralia as a response to the propose income tax reforms by the Federal Government which concentrate on income tax assessments for not-for-profit sector.
ClubsAustralia highlights concerns how the proposed changes may affect clubs who are currently exempted from income tax such as sporting clubs. This, as a result, may be detrimental financially to the clubs’ ongoing longevity.
Please click here for the full submission.