Donations to Arts, Cultural and Heritage IPCs Qualifying for 250% Tax Deduction in Past Five Years

Ms Usha Chandradas asked the Prime Minister and Minister for Finance (a) what is the total value of donations made to arts, cultural and heritage Institutions of a Public Character (IPCs) that have qualified for the 250% tax deduction under the Income Tax Act in the past five years; and (b) what proportion of all tax-deductible donations to IPCs do these contributions represent over the same period.

The information requested for the latest available five-year period from 2019 to 2023 is in Table 1 below. This can be obtained from the publicly available Commissioner of Charities Annual Reports.