The taxation (or not) of not-for-profits can be complicated, with different rules, concessions, rebates and exemptions potentially applying based on the type of entity and the activity it undertakes.
In addition, the treatment can change depending on the type of tax applicable, being it income tax, fringe benefits tax, payroll taxes and land taxes.
This presentation provides a broad understanding of the different rules that apply under each tax regime and what practitioners need to consider when dealing with not for profits.