INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 30 - Gifts or contributions  

Subdivision 30-CA - Administrative requirements relating to ABNs  

SECTION 30-226   What this Subdivision is about  


An entity must ensure certain details must appear on a receipt it issues for a gift that:

  • (a) is made to the entity or a fund, authority or institution it operates; and
  • (b) is of a kind that the giver can deduct under Subdivision 30-A .
  • If the entity has an ABN, the Australian Business Registrar must state in the Australian Business Register that the entity is a deductible gift recipient.


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