View Single Post
Old 10-27-2013, 05:02 AM  
8pt-buck
So Fucking Banned
 
Industry Role:
Join Date: Aug 2013
Location: Princeton, New Jersey
Posts: 4,011
Quote:
Originally Posted by AdultKing View Post
We're in Australia, things work differently here. The federal law you refer to must be a US thing.
On the contrary, with emphasis on taxable income, charity and donations boxes, there are no variations in Australian tax laws compared to the United States. In Australia, to apply for a non-profit status or a DGR, law requires a Australian business number (ABN).

In short, you are not a registered non-profit in Australia nor would copycontrol.org qualify for non-profit status. Furthermore, in Australia, all combined donations must be reported as taxable income. Being a Australian resident for tax purposes, you are taxed on your worldwide income, so you must declare any foreign income / taxable donations as well as Australian-source income on your tax return. Failure to report constitutes tax evasion.

As the accomplished journalist, editor and playwright Clare Boothe Luce once said. "No good deed goes unpunished".
8pt-buck is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote