Published: June 06, 2021
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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