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09 Feb 09 TFN withholding on accounts, investments of non-profit organisations

The ATO has published a factsheet entitled "Tax file number withholding on accounts and investments held by non-profit organisations". It explains PAYG withholding requirements where a non-profit organisation does not provide its ABN or its TFN to its bank or other investment body. It also explains how to claim an exemption from quoting a TFN and how to apply for a refund or credit of TFN amounts withheld.

For a copy of the factsheet, go here.

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