December Quarter 1997
January 28, 1998Tax Deductibility of Gifts to Mount Macedon Memorial Cross Restoration, Development and Maintenance Trust Fund
February 9, 1998
NO. 007
.gifTS TO THE SYDNEY TALMUDICAL COLLEGE ASSOCIATION REFUGEES OVERSEAS AID FUND
The Government has decided to amend the income tax law to allow deductions for gifts of the value of $2 or more, made on or after the date of this press release, to the Sydney Talmudical College Association Refugees Overseas Aid Fund. This Fund has been playing an important role in providing relief, assistance and rehabilitation of displaced persons/refugees in Israel. In recognition of the valuable humanitarian service undertaken by this Fund, the Government has decided to specifically list it as an international affairs recipient. Legislation to give effect to the Government’s decision will be introduced as soon as practicable. CANBERRA 30 January 1998 Contact officer: Fiona Spry Australian Taxation Office (02) 6216 2087 |