Income tax exempt code N
Identifying and definitional attributes
|Metadata item type:||Value Domain|
|Registration status:||Disability, Standard 29/02/2016|
A codeset representing the income tax exemption status of an organisation or agency.
|Maximum character length:||1|
Collection and usage attributes
|Guide for use:|
CODE 1 Income tax exempt
An Income Tax Exempt organisation is an organisation that has been endorsed by the Australian Taxation Office as exempt from income tax. As well as being exempt from paying income tax, an Income Tax Exempt organisation does not have to lodge income tax returns unless specifically requested to do so by the Australian Taxation Office (www.ato.gov.au).
CODE 2 Non-income tax exempt
A Non-Income Tax Exempt organisation is an organisation that has not been endorsed by the Australian Taxation Office as being exempt from paying income tax.
Source and reference attributes
Australian Institute of Health and Welfare
|Related metadata references:|
Supersedes Income tax exempt code N Disability, Superseded 29/02/2016, Community Services (retired), Standard 27/04/2007
|Data elements implementing this value domain:|
Service provider organisation—income tax exempt indicator, code N Disability, Standard 29/02/2016