The project concerns a subject of real practical significance in Australia. Recently, the issue has become an urgent concern for government because of the apparently growing number of individuals promoting illegal phoenix activity, the significant loss of tax revenue it causes, and the recognition of the potentially devastating impact it has on creditors and employees. This project will provide the first detailed investigation of illegal phoenix activity in Australia and will position Australia within the international debate on its prevention.A key problem faced by regulators is the difficulty associated with identifying whether particular phoenix activity is illegal or not. This report seeks to profile the characteristics of both legal and illegal phoenix activity to assist regulators (including but not limited to ASIC and the ATO) in formulating education, detection, and enforcement strategies. The difficulties associated with quantifying phoenix activity will be explored further in our companion report Quantifying Phoenix Activity: Cost, Incidence and Enforcement, to be published in 2015. A further follow up report will address the regulatory approach taken towards this issue in other jurisdictions.More information about the project can be accessed through the following website: .

No abstract

No abstract

The law and policy applicable to the not-for-profit sector is of growing importance around the world. In this book, legal experts address fundamental questions about not-for-profit law from a range of theoretical and comparative perspectives. The essays provide scholarly analysis of not-for-profit law, organised around four themes: (1) Politics, in the broader sense of living as a community, and the narrower sense of political power; (2) Charity, how it is defined and changes in its meaning over time; (3) Taxation, including the rationale for government support of the sector through the tax system; (4) Regulation, which is of increasing significance as governments establish increasingly complex forms of regulation of not-for-profit activity. The fundamental aim of the book is to deepen our understanding of not-for-profit law and of the rationales and modes of government support for the not-for-profit sector.

No abstract