Proposed changes to Deductible Gift Recipient rules

In addition to the majority of universities, over 1600 cultural organisations are endorsed as Deductable Gift Recipients (DGR) on the Register of Cultural Organisations managed by the Department of Communications and the Arts. This DGR status allows donors who support their activities to claim a tax deduction for their donations. The government’s proposed changes to the DGR tax arrangements will require those seeking DGR status to register as a charity with the Australian Charities and Not-for-profits Commission. The paper also proposes that DGR management be transferred from the current departmental oversight to the Australian Tax Office.

The government’s discussion paper is available at: http://www.treasury.gov.au/ConsultationsandReviews/Consultations/2017/Tax-Deductible-Gift-Recipient-Reform-Opportunities

Closing date for public submissions is Friday, 14 July 2017

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