Submission on charities business exemption
CA ANZ recently provided feedback on two draft QWBAs - PUB003359a and PUB003359b which set out the Commissioner’s views on when the charities business exemption must be used, and whether the charities business exemption applies to a business carried on in partnership.
CA ANZ recently provided feedback on two draft ‘questions we’ve been asked’ PUB003359a and PUB003359b. These draft QWBAs set out the Commissioner’s views on when the charities business exemption must be used, and whether the charities business exemption applies to a business carried on in partnership.
In our view these items will be helpful to taxpayers and advisors and support their publication. Our submission makes recommendations to clarify or complete the examples contained in the QWBAs.
