Monday, May 18, 2015

Charity legislation 'favours' big companies |

Charity legislation 'favours' big companies | "Big charities are claiming income tax exemptions while small non-profits struggle to gain official charity status under the current rules, a new report says.

The New Zealand Initiative's latest report, titled Giving Charities a Helping Hand, calls for the Government to provide greater transparency in the charity sector, set clearer rules and processes, and remove the "unfair" tax advantages enjoyed by the for-profit arms of charity groups. "

'via Blog this'

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