Tax considerations for a PBC

If a native title claim is successful, the native title holders must nominate an Aboriginal corporation to hold their native title. This is formally called a Registered Native Title Body Corporate (or ‘RNTBC’). It more commonly referred to as a Prescribed Body Corporate, or a PBC.

A PBC is likely to encounter tax issues in a range of matters. This factsheet identifies some possible tax issues in four commonly experienced scenarios.

Our factsheet is available here.

Template PBC Rulebook

If a native title claim is successful, the native title holders must nominate an Aboriginal corporation to hold their native title. This is formally called a Registered Native Title Body Corporate (or ‘RNTBC’). It more commonly referred to as a Prescribed Body Corporate, or a PBC. To learn more about the steps for PBC incorporation, view our video and factsheet here.

In making a PBC, native title holders can design their own Rule Book. The Rule Book sets out how the PBC will work. Some rules are set and cannot be changed. Other rules can be changed.

We have developed a Template Rule Book and Schedule Index to help native title holders understand which rules are set and which rules can be changed. The Template Rule book has a light bulb symbol for each rule that native title holders should discuss further. The Schedule Index then provides brief commentary and key questions for that rule.

Our Template Rule Book is available here and the Schedule Index is available here.