The steps for working out the income tax status of your organisation are outlined in our fact sheet Non-profit clubs, societies and associations: does my organisation have to pay income tax?
For detailed information, see the chapter ‘Is your organisation exempt from income tax?’ in our publication Income tax guide for non-profit organisations (NAT 7967). It helps you work out if your organisation is exempt from income tax, provides you with a list of descriptions and examples of the types of exempt entities, and includes checklists of key points to work through. A worksheet has been prepared to help you work out your organisation’s income tax status. Once you have completed this worksheet, keep it with the records of your organisation. It will show why and how you arrived at the decision of your organisation’s income tax status and help future office bearers.
Related Questions
- The steps for working out the income tax status of your organisation are outlined in our fact sheet Non-profit clubs, societies and associations: does my organisation have to pay income tax?
- Under ITAR Laws and Regulations, what is the status of a US Person working for a foreign company? Are they still considered a US Person or are they now considered a Foreign Person?
- For an individual, who may have work status issues and are currently living and working in the US?
