The New South Wales Office of State Revenue (OSR) has delivered a ruling which significantly undermines the tax benefits of many discretionary trusts, the Revenue Ruling No. G010.
Following G010, any discretionary trust in which a potential beneficiary is a foreign person, will be subject to land tax and stamp duty surcharges.
The ACNC have recently released an information paper 'Remunerating Charity Board members' for charities considering paying board members for their services as a board member.
Issues of disability discrimination and lesbian, gay, bisexual, transgender, and intersex (LGBTI) discrimination in schools can present varied and complex problems for the school, the student and parents alike.
The legal rights and obligations in this area of law are complex and, when one adds the emotion of dealing with an unhappy child and a disgruntled parent, we have a recipe for disagreement in our schools.
Electronic devices and social media have many benefits for our children, both in relation to their social development and their education. However, the flip side of these relatively recent developments has been the creation of a number of legal issues for society at large and the education sector in particular.
Most Charities will be aware that it is a condition of registration as a Charity (other than as a basic religious charity) that the Charity complies with the ACNC Governance Standards which have applied since 1 July 2013.
However, it is not enough that the Charity complies with the ACNC Governance Standards at the time of registration – a Charity's registration is subject to their continuing to comply with the ACNC Governance Standards.
In our third issue of "Legal Questions for Every Charity and Not-For-Profit Organisation" we deal with the topic of Privacy. The update forms part of our series of short summaries of legal issues that we have noticed during the course of advising our clients are common and important to charities and not-for-profit (NFP) organisations.
When might an employer be liable for an employee's criminal actions in the course of their employment, and when might prejudice from delay and loss of evidence be so great that it defeats a claim?
Charities and some not-for-profit (NFP) organisations may be entitled to receive a range of Federal and State tax concessions. It is important that you are familiar with these so you can take advantage of them. This may enable your organisation to free up capital to spend on your charitable or NFP objectives.
