Earthquake appeal is tax-exempt, minister says
Donors to the Christchurch Earthquake Appeal will be able to claim a tax credit or deduction on their donations.
Donors to the Christchurch Earthquake Appeal will be able to claim a tax credit or deduction on their donations, Revenue Minister Peter Dunne said.
Mr Dunne said the fund would be treated as a tax-exempt entity to encourage donations.
The appeal is intended to have an international reach and complements those already started by the Red Cross and the Salvation Army.
Mr Dunne cautioned the public to check the bona fides of any cause or charity they donated to.
"There are a few low-lifes who take disasters such as the Christchurch earthquake as an opportunity to make a fast and dishonest buck," he said.
NZPA
Wed, 02 Mar 2011
Wed, 02 Mar 2011
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Earthquake appeal is tax-exempt, minister says
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