Entities that receive tax-exempt income
Which entities are not eligible for the RDTI?
The following entities that receive tax-exempt income are not eligible for the RDTI:
- local authorities
- public authorities
- charities
- local and regional promotion bodies.
This exclusion does not apply to:
- a tax paying subsidiary of the above entities, or
- an associate of the above entities, i.e. if you have an excluded entity, such as a charity, in your business structure, of itself this won’t make you ineligible.