Refund of franking credits - frequently asked questions

How do you check if your organisation is eligible?

To check if your organisation is a DGR, a charity endorsed to access income tax exemption or an endorsed income tax exempt fund: visit the Australian Business Register (ABR) website at www.abn.business.gov.au phone us on 1300 130 248.

On the ABR, you can search for an organisation by its ABN, Australian company number (ACN) or name.

The Current details screen for an organisation includes the following sections:

• Charity tax concession status - this shows if the organisation is endorsed as an income tax exempt charity or an income tax exempt fund.
• Deductible gift recipient status - this shows if the organisation is a DGR and if it is
• endorsed as a DGR in its own right - the section will state the organisation 'is endorsed as a Deductible Gift Recipient'.
• endorsed as a DGR only in relation to a fund, authority or institution it operates - the section will state the organisation 'operates the following funds, authorities or institutions'.
• a DGR listed by name in the tax law (and the organisation has an ABN) - the section will state the organisation 'is listed by name as a Deductible Gift Recipient'.

Sections within Eligibility

• Is your organisation eligible for a refund of franking credits?
• Which endorsed income tax exempt entities are eligible?
• Which deductible gift recipients are eligible?
• What are the requirements for developing country relief funds?
• How do you check if your organisation is eligible?
• Does your organisation need an Australian business number?
• Does your organisation need a tax file number?
• Does your organisation need an ABN if it has a TFN?