QUESTIONS WITHOUT NOTICE

Senator WONG (South Australia—Minister for Foreign Affairs and Leader of the Government in the Senate) (14:04): Senator, there are quite a few assertions in that question with which I don't agree, about the consequences of these tax changes. I would say to you that I am advised that the government has made amendments to ensure deductible gifts and donations reduce capital gains that are subject to the minimum tax to maintain tax incentives in relation to charitable giving.

I'm also advised that, when it comes to trusts, the budget itself made clear the minimum tax would not apply to charitable trusts. In addition, donations to organisations with DGR—that is, deductible gift recipient—status will continue to be tax deductible for discretionary trusts. This means that those arrangements continue in the tax deductible way that they have previously.

So I would encourage the senator not to make assertions which are not correct. (Time expired) The PRESIDENT: Senator Smith, second supplementary?