Peter Costello

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Tax Deductibility of Gifts to the United Israel Appeal Refugee Relief Fund

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


30 Jan 1998

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