December Quarter 1997
January 28, 1998Tax Deductibility of Gifts to Mount Macedon Memorial Cross Restoration, Development and Maintenance Trust Fund
February 9, 1998
NO. 006
TAX DEDUCTIBILITY OF.gifTS TO THE UNITED ISRAEL APPEAL REFUGEE RELIEF 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 United Israel Appeal Refugee Relief Fund Limited. This Fund has been playing an important role in assisting the resettlement of displaced persons/refugees in Israel. The Fund provides care, maintenance, education and vocational training for people who seek refuge in Israel from persecution, famine and other forms of hardship. 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 |