Geof Nightingale: independent tax expert on the IRD's plan to tax 9000 clubs, societies and not-for-profits
Around 9000 clubs, societies, trade associations, professional and regulatory bodies and industry councils are in line to possibly be slapped with a tax bill.
Inland Revenue has changed its interpretation of the law, and now believes the subscriptions and levies members pay to some not-for-profit organisations should be taxed.
Independent tax expert Geof Nightingale joined the Afternoons team to explain further.
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