Australia To Redefine Charity In Law: Australia To Redefine Charity In Law
by Mary Swire, Tax-News.com, Hong Kong
01 November 2011
The Australian government has launched a consultation on a new statutory definition of charity, applicable across all Commonwealth laws from July 1, 2013.
The Australian government announced in the 2011-12 Budget that it would introduce a new statutory definition of charity, and a Consultation Paper has subsequently been released outlining the background, including previous recommendations and inquiries, as well as developments that have occurred since 2003, when the issue was last substantially examined.
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