The viability of some charities could rest on how they’re taxed – we should be cautious about changing the rules
- Written by Juliet Chevalier-Watts, Associate Professor, Law School, University of Waikato
Ground Picture/ShutterstockThere 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.
Inland Revenue recently opened consultation on...
