Published by The New Zealand Initiative (Wellington), 28 March 2025 (PDF)
The New Zealand Initiative strongly recommends retaining the income tax exemption for bodies promoting scientific or industrial research (Section CW 49) as it applies to independent public policy think tanks. The exemption is not a historical anachronism but remains vital to New Zealand’s policy development ecosystem.
This submission addresses Question 12 of the Issues Paper, which asks about the implications of removing or significantly reducing the exemption for bodies promoting scientific or industrial research.