Donations to councils to be tax deductible

(1) All persons, whether natural or legal persons, who make donations to councils shall be eligible to have those donations tax-deductible under the Income and Business Tax Act, Cap. 55. (2) Such deductions shall be effected solely for the year in which the donations were made. (3) In order to qualify for such deductions, the donor shall prove the donation by means of a certificate issued by the recipient council which shall include the following, (a) proof that the donee is a council constituted under this Act; (b) a receipt showing that the donation was made by the donor, including the date and the amount or the value of the donation; (c) the use to which the donee put the donation; and (d) express mention of the irrevocable character of the donation. (4) The Income Tax Department may use any resources at its disposal to verify the validity of such donations in accordance with the mechanisms established by law. 42