Tax Laws Amendment (Political Contributions and Gifts) Act 2010 (16 of 2010)
Schedule 1 Political contributions and gifts
Income Tax Assessment Act 1997
10 After subsection 30-242(3)
Insert:
(3A) You can deduct the contribution or gift only if:
(a) you are an individual; and
(b) you donot make the gift or contribution in the course of*carrying on a*business.
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