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Showing posts with label Tax exemptions. Show all posts
Showing posts with label Tax exemptions. Show all posts

Sunday, March 23, 2025

Juliet Chevalier-Watts, Frank Scrimgeour: The viability of some charities could rest on how they’re taxed....


The viability of some charities could rest on how they’re taxed – we should be cautious about changing the rules

There have long been calls for New Zealand’s charity-linked businesses to lose their tax exemption status. Under the current rules, companies such as Sanitarium, which is wholly owned by the Seventh-day Adventist church pay no income tax.

This could all change very soon.