Alex Hawke (Mitchell, Liberal Party, Assistant Minister to the Treasurer) Share this | Hansard source

I thank the members who have contributed to this debate. The Tax Laws Amendment (Gifts) Bill 2015 adds two entities to the deductible gift recipient specific listings in division 30 of the Income Tax Assessment Act 1997, from 1 January 2015.

The first organisation is the National Apology Foundation Ltd, which works to sustain the spirit and the substance of the national apology delivered to Indigenous Australians and to ensure this message is carried on to future generations. The second organisation is International Jewish Relief Limited, which helps impoverished and struggling Jews and strengthens the Jewish response to worldwide humanitarian crises and disasters to communities, regardless of religion and geography.

Obtaining deductible gift recipient status will help these listed entities to attract vital public financial support for their activities, as taxpayers can claim an income tax deduction for certain gifts to deductible gift recipients. I commend this bill to the House.

Question agreed to.

Bill read a second time.

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