TR 2019/6 – ‘in Australia’ requirement for DGRs and charities – deductions for gifts, exemption of charity’s income and franking credits for charities (finalised TR 2018/D1)

On 18.12.19, the Commissioner issued Taxation Ruling TR 2019/6, finalising his public position on the meaning of “in Australia” for deductible gift and a similar requirement for charity income tax exemption and franking credit purposes.

See below for a summary of this ruling and the relevant law.

[Tax Month – December 2019]