GST issues registers
Charities consultative committee resolved issuesPart 3 - Non-commercial activities of charities, cost of supply and market value tests
In part 3, the word 'charity' refers to an entity that is:
- •
- an endorsed charitable institution
- •
- an endorsed trustee of a charitable fund
- •
- a gift-deductible entity, or
- •
- a government school.
These terms are defined in section 195-1 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act). All legislative references made in this issue are to the GST Act unless otherwise stated.
Issue 1: How does an entity make a distinction between 'commercial' and 'non-commercial' activities using the 'cost of supply' and 'market value tests'?
| The content for this issue is a public ruling for the purposes of the Taxation Administration Act 1953 and can be found here. |
© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA
You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).