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flag New Zealand considers taxing business income of charities to simplify rules and ensure fairness.

flag The New Zealand government is consulting on potential changes to tax rules for charities and not-for-profits, questioning the tax exemption for business income. flag With around 40% of charities reporting business income, potentially totaling $2 billion, the consultation seeks to simplify tax rules, reduce compliance costs, and ensure tax fairness. flag Feedback can be submitted until March 31, 2025.

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