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Monday, October 19, 2009


ATO News for NFPs

News Items from the ATO Non-Profit News Service 14 September 2009.

Tax Laws Amendment (2009 Measures No 4) Bill 2009 has been passed and awaits royal assent.
The bill amends the tax law to improve the integrity of prescribed private funds (PPFs), renamed private ancillary funds (PAFs) under the new framework.

02 October 2009. On 23 September 2009, the Full Federal Court of NSW ruled in favour of the Tax Office in its decision in the case of Aid/Watch Incorporated.

05 October 2009. The ATO provides information for individuals and organisations wanting to collect funds or make donationsto help victims of the recent disasters in Samoa, the Philippines and Sumatra.


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