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-DA - Donations to political parties and independent candidates and members
Guide to Subdivision 30-DA SECTION 30-241 What this Subdivision is about
Generally, you can deduct certain contributions and gifts to political parties, independent candidates and members.
Contributions and gifts must be at least $2 and there is a limit on the total amount that you can deduct.
|30-242||Deduction for political contributions and gifts|
|30-243||Amount of the deduction|
|30-244||When an individual is an independent candidate|
|30-245||When an individual is an independent member|