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 Parents to Praise in the Midst of the Mess - Your Daily Prayer - May 11
When you find yourself wanting to crumble in the mess rather than praise, remember this: God has called you and equipped you for this season.
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