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Deductibility of gifts for the relief of Armenian earthquake victims

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PRESS NO. 135 TREASURER (RELEASEJ v -J yEMBARGOSTATEMENT BY THE TREASURER, THE HON. P.J. KEATING. M.PDEDUCTIBILITY OF GIFTS FOR THE RELIEF OFARMENIAN EARTHQUAKE VICTIMSThe Government has decided to amend the income tax law to allow deductions for gifts to the value of $2 or more made before 1 July 1989 to any public fund set up in Australia exclusively for the relief of persons affected by the earthquake which devastated Northern Soviet Armenia last Thursday, 8 December 1988.The Government is, of course, most anxious to encourage Australians to support this very worthy cause, and will introduce legislation to give effect to this decision as soon as practicable. _____ vCANBERRA16 December 1988Contact Officer: John LamertonTelephone No. : 75-2256 (Work)88-9254 (Home)