Published on 01 Mar 07
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
On 3 November 2006 the Federal Court considered the charitable status of an organisation that had raised funds through a commercial enterprise for a charitable purpose. The court held that where an organisation raises funds exclusively for a charitable purpose, the fact that it does so through a commercial enterprise does not preclude it from being a charitable institution that can be exempted from income tax, where the underlying motivations of the organisation and the purpose for which it raises money through a commercial enterprise are charitable. The Commissioner has commenced an appeal against this decision of the Federal Court.
Current at 24 May 2009
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