Taxable regular income depends on satisfying charitable application and permitted accumulation requirements for registered non-profit organisations.

Section 336 determines taxable regular income of a registered non-profit organisation through an 85% application or accumulation requirement. Taxable regular income is nil where at least 85% of regular income is applied for charitable or religious purposes in accordance with section 341 or accumulated in accordance with section 342. If the requirement is not met, taxable regular income equals 85% of regular income less the amounts applied and permissibly accumulated.

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