Tax Free Status
Believe it or not, Senate Inquiries can generate all sorts of humorous exchanges.
A hearing earlier this week into the Tax Laws Amendment (Public Benefit Test) Bill generated so much laughter at one point, you could be forgiven for thinking you were watching ‘Bill and Ted’s Excellent Adventure’ instead.
It went something like this. When discussing the impact of the introduction of a Charities Commission in New Zealand, the Church of Scientology’s New Zealand Secretary, Michael Ferriss, explained that the organisation’s income of $2.623 million in 2007 fell to $374,000 the following year because of, “from memory, the exchange rate drop”.
Continue reading "Time is running out for the Church of Scientology" »
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