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The government’s proposed reforms to deductible gift recipients could help improve the consistency of governance over such entities, with accountants and advisers urged to take note of key dates.
Treasury is currently seeking submissions to the government’s package of deductible gift recipients (DGR) reforms, including the requirement for non-government organisations with DGR status to register as a charity with the Australian Charities and Not-for-profits Commission (ACNC) from 1 July 2019.
Read the full article at Accountants Daily.