Page 1 of 1
The Church loses a tax break case in New Zealand
Posted: Sat Mar 02, 2019 6:21 pm
by _I have a question
Inland Revenue has won a legal fight to tax donations of about $1.7 million a year given to Mormon missionaries.
In 2015, Inland Revenue tightened its rules to remove tax credits for donations by Mormon missionaries, their parents and grandparents towards traditional mission work.
The Church of Jesus Christ of Latter-Day Saints, known informally as the Mormon Church, fought the changes, but last month they lost a High Court bid to overturn the move.
Donations by siblings and more distant relatives of the missionary, along with friends and other church members, will still qualify for a tax credit, the court ruled.
https://www.stuff.co.nz/national/110903 ... -donationsA spokesman for the church said they would appeal the ruling on behalf of people who make donations to their "charitable services".
"The church is disappointed with the High Court decision," he said.
It seems a bit petty by the NZ Inland Revenue to me.
Re: The Church loses a tax break case in New Zealand
Posted: Sat Mar 02, 2019 7:14 pm
by _Fence Sitter
I have a question wrote:It seems a bit petty by the NZ Inland Revenue to me.
Why? If they are also taking the missionary as a deduction as a dependent, why should they get to double up on the tax credit by declaring money spent on their dependent as a "charitable contribution"?
Re: The Church loses a tax break case in New Zealand
Posted: Sat Mar 02, 2019 7:27 pm
by _Kishkumen
Tax them. Tax the “donations” that amount to supporting one’s self or one’s (grand)child. Giving a tax break for missionary work to acquire more customers of LDS, Inc. is absurd.
That said, I fully support LDS, Inc.’s right to conduct business, attract customers, build shopping malls, sell tchotchkes, promise exaltation. But let’s tax them. Let them contribute more directly to the world outside their saintly bubble, on a more generous scale.
Re: The Church loses a tax break case in New Zealand
Posted: Sat Mar 02, 2019 7:28 pm
by _Maksutov
Fence Sitter wrote:I have a question wrote:It seems a bit petty by the NZ Inland Revenue to me.
Why? If they are also taking the missionary as a deduction as a dependent, why should they get to double up on the tax credit by declaring money spent on their dependent as a "charitable contribution"?
How is this treated in US taxes?
Re: The Church loses a tax break case in New Zealand
Posted: Sun Mar 03, 2019 1:24 am
by _kairos
So my 19 yo whom we supported fully his whole life leaves for a mission - we claimed him as dependent / deduction on the irs 1040, plus that $400 per month my wife (i'm the nevermo) put on the tithing slip for missions was posted on schedule A as a charitable deduction to the church-this deduction backed up on the year end statement given her by the ward clerk.
any one else's mileage the same or did it vary?
k