Senate debates

Wednesday, 18 September 2024

Committees

Economics References Committee; Reference

3:59 pm

Photo of Dean SmithDean Smith (WA, Liberal Party, Shadow Assistant Minister for Competition, Charities and Treasury) Share this | | Hansard source

I seek leave to amend business of the Senate notice of motion No. 2, relating to a proposed committee reference.

Leave granted.

I move the motion as amended:

That the following matter be referred to the Economics References Committee for inquiry and report by 31 October 2024:

The implementation by the Australian Taxation Office of the requirement that certain non-charitable not-for-profit entities that self-assess as income tax exempt must lodge an annual not-for-profit self-review return to confirm their eligibility to self-assess as income tax exempt from 1 July 2023, with particular reference to:

(a) the implications of this requirement for Australia's not-for-profit community and the Australian Charities and Not-for-profits Commission; and

(b) any other related matter.

Question agreed to.