Tax Laws Amendment (2007 Measures No. 2) Act 2007 (78 of 2007)
Schedule 4 Donation of listed shares to deductible gift recipients
Income Tax Assessment Act 1997
8 Subsection 30-15(2) (table item 7, at the end of the column headed "How much you can deduct")
Add:
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; or (ca) if the contribution is shares described in paragraph (ca) of the previous column - the market value of the shares on the day you made the contribution, reduced by the GST inclusive market value, on the day you made the contribution, of the right to attend, or participate in, the fund-raising event. |
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