If a charity is carrying on a business activity in partnership with a non-charity, the charity’s share of the business income may still be exempt from income tax.
The charity’s partnership income will be exempt:
- if no one with any control over the business can use the income for any other purpose, and
- to the extent that the charity carries out its charitable purposes within New Zealand.
You can find more information in our Tax Information Bulletin (TIB).
