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Tax ruling boosts churches, charities

Title: Tax ruling boosts churches, charities
Date: Friday, 16 November 2007
Publisher: The Age (Australia)
Author: Barney Zwartz
Main source:

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IN A decision anxiously awaited by thousands of churches and charities around Australia, the full bench of the Federal Court has ruled that businesses they run to fund their charities need not pay tax. The ruling means that charities may seek millions of dollars back from the Australian Taxation Office and may venture into new businesses, according to tax experts. Tax lawyer Duncan Baxter said the outcome, delivered on Wednesday, was doubly helpful for charities, because they won the case and ... [Read the rest at]