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Are Toastmasters Clubs exempt from income tax?

Clubs exempt toastmasters
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Are Toastmasters Clubs exempt from income tax?

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The Australian Taxation Office (ATO) has traditionally ruled that Toastmasters Clubs are exempt from income tax under paragraph 23(e) of the Income Tax Assessment Act. The exemption under paragraph 23(e) is because a Toastmasters Club is defined as a public educational institution operating as a non-profit organisation.

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