Non-Profit News Service No. 0097 - Tax concessions for philanthropy

May 2005. Tax Laws Amendment (2005 Measures No.3) Bill 2005 tabled 12 May 2005 includes measures to increase flexibility for charitable funds and prescribed private funds and to correct an anomaly relating to FBT rebatable employer status. http://ato.gov.au/distributor.asp?doc=/content/58523.htm