Australian agricultural associations that rake in millions should have charitable status revoked, tax expert says
Written by Margaret Simons
Status of Co-operative Bulk Handling and Queensland Sugar, which earn money through businesses run to benefit their members, ‘stretches the notion of charity’
Australian agricultural associations, including two that earn hundreds of millions of dollars through businesses run to benefit their members, should no longer be recognised as charities, a tax expert has said.
Prof Ann O’Connell of Melbourne University law school said Co-operative Bulk Handling Ltd (CBH) and Queensland Sugar Ltd were receiving an effective subsidy at taxpayer expense, and their status “stretches the notion of charity”.
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Related: Charities slam government plan to deregister organisations that may commit crimes
Labelling these significant business enterprises as charities blurs the line between the charitable and the for-profit sector
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