Exposure draft of Treasury Laws Amendment (2020 Measures No. 2) Bill 2020
The submission to the Treasury in response to the exposure draft of Treasury Laws Amendment (2020 Measures No. 2) Bill 2020 was prepared by the Charities & Not-for-profits Committee of the Legal Practice Section.
The Bill seeks to amend Division 30 of the Income Tax Assessment Act 1997 (Cth) to introduce a new general category of deductible gift recipient (DGR) for ‘community sheds’.
You can read the full submission below.