Anonymous donation taxation: anonymous donations taxable under the separate provision must be included in the recipient's total income. An amendment to section 13 provides that the exclusions in provisions allowing income to be exempt when applied for charitable or analogous purposes shall ... Summary
Anonymous donation taxation: anonymous donations taxable under the separate provision must be included in the recipient's total income.
An amendment to section 13 provides that the exclusions in provisions allowing income to be exempt when applied for charitable or analogous purposes shall not exclude any anonymous donation on which tax is payable under the anonymous-donation tax provision; such anonymous donations must therefore be included in the recipient's total income for the relevant previous year.
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