Tax Deductibility of Cross-Border Giving: Australia Gives No Quarter

15 Pages Posted: 1 Oct 2012

See all articles by Miranda Stewart

Miranda Stewart

University of Melbourne - Law School; Australian National University (ANU) - Crawford School of Public Policy

Date Written: October 1, 2012

Abstract

Australia’s tax law concerning deductibility of gifts to charities imposes one of the highest barriers to cross-border philanthropy in the world. All countries impose some restrictions on tax concessions for foreign donations or activities of charities. However, Australia’s approach is strict compared with the approach of many other countries especially in the European Union. A Bill currently before the Parliament will codify and tighten the existing restrictions. This Working Paper applies Australian tax law to a Case Study prepared for the International Fiscal Association 66th Congress, Boston, 2012 and considers the policy for the strict Australian approach.

Keywords: tax law, charity, philanthropy, gift deductibility, international tax

JEL Classification: K00, K34

Suggested Citation

Stewart, Miranda, Tax Deductibility of Cross-Border Giving: Australia Gives No Quarter (October 1, 2012). U of Melbourne Legal Studies Research Paper No. 605, Available at SSRN: https://ssrn.com/abstract=2154763 or http://dx.doi.org/10.2139/ssrn.2154763

Miranda Stewart (Contact Author)

University of Melbourne - Law School ( email )

Melbourne, Victoria 3010
Australia
+61 3 8344 6544 (Phone)

Australian National University (ANU) - Crawford School of Public Policy ( email )

7 Liversidge Street
Lennox Crossing
Canberra, ACT 0200
Australia

HOME PAGE: http://https://crawford.anu.edu.au/people/academic/miranda-stewart

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