See also
Treasury submission on scoping study for a NFP regulator
consultation paper (Part 1)
Functions the national regulator may
undertake
Functions the national regulator may undertake
Access to taxation concessions
Consultation questions
Q7 What impacts would simplifying
and streamlining mechanisms for the assessment, granting and
monitoring of concessional tax treatment have on the NFP sector? In
particular, what impacts would this have on small and new NFP
entities?
The simplification and streamlining of mechanisms for the
assessment, granting and monitoring of concessional tax treatments
for the broad cross section of organisations in the NFP sector
would have multiple positive impacts on the NFP sector. In
summary, it would ensure that clarity, consistency, certainty in
such processes is delivered at a reduced cost to all NFPs, thereby
contributing to the achievement of all the goals of NFP regulation
in paragraph 38. There would be a
