May 02, 2018
Anti-tax lobby takes aim at Maori trusts
The Taxpayers’ Union is pushing for businesses owned by Maori authorities to pay the same 28 percent tax rate as their competitors rather than the current special 17.5 percent.
The lobby group also wants an end to the tax free status of businesses owned by charities including churches and iwi.
In submissions delivered to the Tax Working Group, it also called for any new taxes to be offset by tax cuts in other areas, and argued against an Australian-style capital gains tax.
The special rate for Maori authorities was created because most of the beneficiaries of the trusts were eligible for the lower tax rate.
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