Program #5: Special Edition
November 10, 2006
The Word Investments Limited Case – Implications for Charities carrying on ‘business activities’
Presenters:
Professor Myles McGregor-Lowndes - Director, CPNS
Matthew Turnour - a CPNS PhD student and partner, Neumann & Turnour, Brisbane.
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Transcript – Podcast 5 text version (Word, 63kB)
For More Information...
- Read about the Word Investments Ltd Case
- Tribunal decision (PDF, 300kB)
- Federal Court Case: Commissioner of Taxation vs Word Investments Ltd [2006] FCA 1414 (PDF, 3.6MB))
- ATO Summary: Non-Profit News Service No. 0157 - Federal Court decision in Word Investments Ltd
- CPNS Seminar on the Draft Tax Rulings: What is a Charity for Taxation Purposes? &Companies Controlled by Exempt Entities held 1 July 2005.
- ATO Rulings
- TR 2005/21 (PDF, 550kB) – Income Tax and Fringe Benefits Tax: charities
- TR 2005/22 (PDF, 104kB) – Income Tax: companies controlled by exempt entities
- Charities Definition Inquiry report
- CPNS-QUT-Nonprofit Podcast #1: Charity Status and Exemption: The decision in the Central Bayside case
Presenters
Prof Myles McGregor-Lowndes OAM
Director, The Australian Centre for Philanthropy and Nonprofit Studies, QUT. Myles has advised and held board positions in a large variety of nonprofit organisations over a period of 25 years. He is a consultant to McCullough Robertson Lawyers engaged solely in high level legal and taxation advice to large national and international nonprofit organisations. He is also a member of the ATO Charities Consultative Committee on the introduction of the New Tax System and advisor to the ATO on nonprofit taxation training and education material.
Matthew Turnour
Managing Partner of Neumann & Turnour Lawyers, heading the Commercial Law Division of the practice, which includes services to the voluntary sector. Matthew is frequently called upon to advise high net worth individuals in relation to their giving and charities, clubs and other not for profit organisations on issues such as taxation, legal structure, liability management, board responsibility and meeting procedures. He is pursuing a PhD on the law regulating the Not-for-profit sector through the Centre for Philanthropy and Nonprofit Studies at QUT.
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