Senate debates Questions without Notice

Taxation


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Foreign Affairs

2:33 pm

I think that's what I was referencing in my first answer—that is, the amendments that the government has made to ensure that donations and deductible gifts reduce capital gains subject to the minimum tax. The purpose of that, as I understand it—obviously, these are matters in the Treasury portfolio—is to maintain the taxation incentives which currently exist in relation to charitable giving.

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