A New Tax System (Goods and Services Tax) Act 1999
Chapter 3
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The exemptions
Part 3-1
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Supplies that are not taxable supplies
Division 40
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Input taxed supplies
Subdivision 40-F
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Fund-raising events conducted by charities etc.
40-160
Fund-raising events conducted by charities etc.
(1)
A supply is input taxed if:
(a) the supplier is an * endorsed charity , a * gift-deductible entity or a * government school ; and
(b) the supply is made in connection with a * fund-raising event ; and
(c) the supplier chooses to have all supplies that it makes in connection with the event treated as input taxed; and
(d) the event is referred to in the supplier ' s records as an event that is treated as input taxed.
(2)
(Repealed by No 169 of 2012)
(3)
Subsection (1) does not apply to a supply by a *gift-deductible entity endorsed as a deductible gift recipient (within the meaning of the *ITAA 1997) under section 30-120 of the ITAA 1997, unless:
(a) the supplier is:
(b) each purpose to which the supply relates is a *gift-deductible purpose of the supplier.
View history note
Hide history noteA supply is input taxed if:
(a) the supplier is an * endorsed charity , a * gift-deductible entity or a * government school ; and
(b) the supply is made in connection with a * fund-raising event ; and
(c) the supplier chooses to have all supplies that it makes in connection with the event treated as input taxed; and
(d) the event is referred to in the supplier ' s records as an event that is treated as input taxed.
(2)
(Repealed by No 169 of 2012)
(3)
Subsection (1) does not apply to a supply by a *gift-deductible entity endorsed as a deductible gift recipient (within the meaning of the *ITAA 1997) under section 30-120 of the ITAA 1997, unless:
(a) the supplier is:
(i) an * endorsed charity ; or
(ii) a *government school; or
(iii) a fund, authority or institution of a kind referred to in paragraph 30-125(1)(b) of the ITAA 1997; or
(b) each purpose to which the supply relates is a *gift-deductible purpose of the supplier.
Note:
This subsection denies input taxed status under this section to supplies by certain (but not all) gift-deductible entities that are only endorsed for the operation of a fund, authority or institution. However, supplies can be input taxed under this section if they relate to the principal purpose of the fund, authority or institution.
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