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Wednesday, 5 December 1973
Page: 4363

Mr Bennett (SWAN, WESTERN AUSTRALIA) asked the Treasurer, upon notice:

(1)   Has his attention been drawn to claims by the Civic Affairs Bureau in Western Australia, when appealing for funds for political propaganda purposes, that donations would be tax deductible.

(2)   If so, has a loophole been found in the Income Tax Assessment Act to make this possible.

(3)   Will he investigate these claims with a view to closing any loophole and protecting the public against fraudulent claims and practices by political front organisations.

Mr Crean - The answer to the honourable member's question is as follows:

(1)   Inquiries by the Commissioner of Taxation have disclosed that the Civic Affairs Bureau in Western Australia has claimed that subscriptions made to the Bureau are allowable deductions for income tax purposes. The Commissioner has examined the matter and has advised that subscriptions and donations made to the Bureau do not qualify for deduction in terms of the existing law. The claim by the Bureau was not made with departmental approval.

(2)   and (3) In the circumstances, the need to amend the law does not arise.

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