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Australia: Amendments to exclude tobacco, gambling from R&D tax incentive introduced to Parliament

The bill also streamlines how trustees of closely held trusts report beneficiary tax file numbers to the Commissioner.

March 26, 2026

A tax amendment bill (Treasury Laws Amendment (Delivering an Efficient and Trusted Tax System) Bill 2026) that has been introduced to Parliament would:

  • Exclude research and development (R&D) activities related to tobacco and gambling from the R&D tax incentive for income years starting on or after July 1, 2025, except for activities conducted for the sole purpose of harm minimization
  • Allow donors to claim a tax deduction on donations to deductible gift recipients (DGRs) even if they are valued less than two dollars

The bill also streamlines how trustees of closely held trusts report beneficiary tax file numbers (TFNs) to the Commissioner and makes minor and technical amendments to Treasury portfolio legislation.

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