Gifts to the value of $2 or more made to The RSL Foundation will be deductible for income tax purposes, the Assistant Treasurer, Senator Rod Kemp, announced today.
The RSL Foundation has been established to raise money for the benefit of returned and services personnel. The Foundation is vital to the RSLs future and its enormous commitments in the next decade in caring for our fast-ageing World War II veterans.
Tax deductible gift status will assist the Foundation to attract public support for its activities.
Legislation to give effect to the Governments decision will be introduced as soon as practicable and taxpayers should ensure that they receive a receipt for their donation.
MELBOURNE
21 September, 2000
Media contacts: Richard Allsop Assistant Treasurers Office (03) 9650 7274
Michael Ahern Australian Taxation Office (02) 6216 1493