Response to Tax Deductible Gift Recipient (DGR) Reform Opportunities
Volunteering Australia have provided a letter of endorsement of the Community Council for Australia (CCA) submission on Tax Deductible Gift Recipient (DGR) Reform Opportunities.
The CCA submission has been prepared in coordination with CCA members, and other key organisations from the not-for-profit sector, including Volunteering Australia.
While current regulations relating to DGR require reform, it is the view of Volunteering Australia that, the Treasury Discussion Paper doesn’t provide a policy response to DGR eligibility processes. This lack of clarity is reflected in options provided in the Treasury Discussion Paper, distorts the definition of charity and imposes unnecessary red tape on the not-for-profit sector.
Interested parties who would like to provide comment are encouraged to do so by Friday 4 August 2017. For more information visit the Department of the Treasury website.
Read Volunteering Australia’s letter of endorsement here.
Read the Community Council for Australia submission on Tax Deductible Gift Recipient (DGR) Reform Opportunities here.