Complaints may spur sham charity clampdown

Original article by Nassim Khadem
The Australian Financial Review – Page: 40 : 9-Jul-14

Taxation experts predict a crackdown on businesses that obtain tax-exempt status by setting up fake charities. Such abuses account for about a quarter of the 805 complaints received by the Australian Charities & Not-for-profits Commission since it began operating in May 2014. The Federal Government wants to scrap the watchdog and hand responsibility for the charities sector back to the Australian Taxation Office

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AUSTRALIAN TAXATION OFFICE, AUSTRALIAN CHARITIES AND NOT-FOR-PROFITS COMMISSION, WEALTH SAFE PTY LTD

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