Charity status/tax liability

The criteria to receive charity and tax concession status needs review to ensure that entities and individuals who do not pay shire rates and/or taxes, and any other fees with similar concept, but who have significant financial and other resources, and with no operational or other reason to be eligible, continue to pay their dues like the rest of us, instead of using legal and other mechanisms to avoid them.

Mechanisms must be in place to appropriately penalise and recover funds from entities and individuals, including large corporations and multinationals who use creative accounting to avoid their economic obligations. They have a corporate presence here, they can pay tax to help run the country, just like the rest of us.

“There are penalties for providing false or misleading information” needs to apply to everyone, not just Aussie battlers.

Leave a Reply