Charities' tax privileges in New Zealand: A critical analysis.
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Open Access Location
Authors
Barrett, J.
Veal, J.
Keywords
Taxation
Charities
Charities
Description of form
Refereed journal article.
Publisher
Rights
Rights holder
Issue Date
2012
Peer-reviewed status
Type
Article
Abstract
This article critically analyses the tax privileges extended to charities in New Zealand. The concept of a charity is established, and the grounds for tax privileges are considered. Without gainsaying the social value that many charities deliver, the authors ask whether certain historical privileges are justified when measured against contemporary needs and circumstances. They conclude that far greater transparency is needed in the sector. Such openness would enable a fully informed debate about the types of charitable organisations the tax system encourages, and whether the tax privileges currently extended to them are justified.
Citation
Barrett, J., & Veal, J. (2012). Charities' tax privileges in New Zealand: A critical analysis. Journal of the Australasian Tax Teachers Association, 7(1), 1-20.