Taxation Administration (Community Charity) Guidelines 2025 (Cth)

Taxation Administration (Community Charity) Guidelines 2025

I, Andrew Leigh, Assistant Minister for Competition, Charities and Treasury, make the following guidelines.

Dated 21 February 2025

Dr Andrew Leigh Assistant Minister for Competition, Charities and Treasury Parliamentary Secretary to the Treasurer

Contents Part 1—Preliminary 1 Name 2 Commencement 3 Authority 4 Interpretation 5 Definitions 6 Penalties Part 2—Rules for establishing and maintaining community charities as deductible gift recipients Division 1—General 7 Object of this Part 8 General principles Division 2—Establishing a community charity 9 Purposes and objects of a community charity 10 Operated only in Australia 11 Trustees and corporate directors 12 Liability of trustee or corporate director Division 3—Operation of a community charity 13 Minimum annual distribution 14 Valuations 15 Keeping accounts 16 Financial reports 17 Audits 18 Investment strategy 19 Investment limitations 20 Uncommercial transactions and benefits to founders and donors 21 Fees and expenses 22 Receipts for donations 23 Compliance with all relevant laws Division 4—Winding up, or ceasing to be, a community charity 24 Winding up, or ceasing to be, a community charity 25 Portability

Part 1—Preliminary

1 Name This instrument is the Taxation Administration (Community Charity) Guidelines 2025.

2 Commencement (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this instrument The day after this instrument is registered.