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

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.

Inland Revenue recently opened consultation on...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

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Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

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Time to punch above our weight and stop shadowboxing on AI

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Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...