Organisations approved for charitable donee status
List of organisations that have been granted charitable donee status from the 2004-05 income year.
Section KC 5(1) of the Income Tax Act 1994 and Income Tax Act 2004
The following organisations have been granted charitable donee status from the 2004-05 income year:
- Medicine Mondiale
- New Zealand Jesuits in India Trust
- Operation Vanuatu Charitable Trust
Donations made to these organisations will entitle individual taxpayers to a rebate of 33 1/3% of the amount donated. The maximum rebate for all donations is $630 per annum. A non-closely held company or a closely held company which is listed on a recognised stock exchange will be entitled to a deduction from its net income to a maximum of 5% of that income.