Eligible types of income tax exempt entities
There are 8 categories of income tax exempt entities that can self-assess eligibility for income tax exemption, outlined in Division 50 of the Income Tax Assessment Act 1997 (ITAA 1997). These are:
- community service
- sporting
- cultural
- educational
- health
- employment
- scientific
- resource development.
NFP organisations must meet the specific criteria and conditions of these categories to be eligible to self-assess as income tax exempt.
NFPs will be guided to consider their purposes and activities against these specific criteria when completing the annual NFP self-review return.
Check the types of NFP organisations that can self-assess income tax exemption at Types of income tax exempt organisations.