Sydney Dance Company on tour in London. Photo: Wendell Theodoro, Londondance.com
The new laws require organisations registered as deductible gift recipients (DGRs), which includes most arts organisations, to spend their money within Australia unless they have special exemptions.
The Federal Government has released an exposure draft of the Tax and Superannuation Laws Amendment which is aimed primarily at charities that might act as fronts for terrorism, arms dealing or drugs.