Tax investigation could target churches
CHARITIES and other non-government organisations could lose billions of dollars' worth of tax perks as the Rudd Government's taxation review prepares to examine whether the concessions offered to the $80 billion non-profit sector are justified.<br />
The investigation, by Treasury boss Ken Henry, is expected to meet with resistance from some of the sector's most powerful groups, The Australian reports.<br />
<br />
Most of the country's religious groups, which make up about $25 billion of the sector, run commercial enterprises.<br />
<br />
Jim Wallace, Managing Director of Australian Christian Lobby, discusses the issue with David Gibbons from InFocus.
The investigation, by Treasury boss Ken Henry, is expected to meet with resistance from some of the sector's most powerful groups, The Australian reports.<br />
<br />
Most of the country's religious groups, which make up about $25 billion of the sector, run commercial enterprises.<br />
<br />
Jim Wallace, Managing Director of Australian Christian Lobby, discusses the issue with David Gibbons from InFocus.
Today's Devotional
A Prayer for Lasting Peace - Your Daily Prayer - May 17
The peace the word offers is temporary. The peace Jesus provides lasts forever.
Top Music Videos
Christian News
The latest news and hot topics trending among Christian music, entertainment and faith life.