The government considers that some level of reporting requirements must be introduced so it can measure the effectiveness of its tax assistance to charities. Because of the lack of reporting requirements, there is no means by which the government can measure the cost of the income tax exemption, nor monitor the nature or activities of those entities benefiting from it. Accordingly, this part of the discussion document focuses on reporting requirements. It outlines what reporting arrangements currently exist for charities, the reasons for requiring more reporting and the proposed new reporting arrangements.

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