David Taylor
davekayt@tpg.com.au

Submission regarding:

Exposure Draft – 
‘In Australia’ Special Conditions for Tax Concession Entities

9/8/2011
Missions Interlink is an organization that contributes significantly to humanitarian causes.  It helps provide medical, local community support networks and education. 

I am concerned regarding the possibility that the Exposure Draft will have some negative impacts on an organization that is not for profit providing charitable outcomes.

1.	Loss of income tax exempt status would obviously jeopardise all the good work been undertaken by these entities. 

2.	Donor organisations would lose their income tax exempt status. As a result churches  would lose their tax exempt status.  The work churches perform is evident from the recent floods in Queensland.  Without this the support churches give to communities would be reduced increasing the burden on the Australian government.

I feel that the new law should retain exemptions for all prescribed institutions listed in the current regulations.

A minimum threshold for donations to entities without income tax exempt status should be introduced into the legislation