How does Te Runanga o Ngai Tahu operate?
In Ngāi Tahu traditions, the purpose of possessing rights is to have the ability to be responsible, to people and place. Te Rūnanga engages with the Crown, other iwi and the private and community sectors under the umbrella of an external relations portfolio.
Who is the CEO of Ngāi Tahu?
Ngāi Tahu Holdings Chief Operating Officer and former Ngāi Tahu Seafood Chair, Craig Ellison (Ngāi Tahu) has been appointed as the new Chief Executive of Ngāi Tahu Holdings for a period of 10 months. He will begin in the role on 1 December 2021.
How much is Ngāi Tahu worth?
The iwi received a $178m Treaty settlement in 1998 and now owns assets worth $1.5 billion. Ngāi Tahu Holdings’ biggest businesses are Ngāi Tahu Capital, an investor in other businesses; Ngāi Tahu Property; and Ngāi Tahu Farming.
How does Ngāi Tahu make money?
Its main interests are in tourism, fisheries, property and forestry and it is among the wealthiest iwi in New Zealand. Ngāi Tahu annually contributes more than $200 million to the South Island economy.
Does Ngāi Tahu pay taxes?
Ngai Tahu is another example of an incredibly wealthy business owned by charity and pays no taxes. In the year to 30 June 2016, Ngāi Tahu Holdings Corporation Limited made a net profit of $210 million, but only distributed $44m to the trust.
How much land does Ngāi Tahu own?
“The Tribunal cannot avoid the conclusion that in acquiring from Ngāi Tahu 34.5 million acres, more than half the land mass of New Zealand, for £14,750 pounds, and leaving them with only 35,757 acres, the Crown acted unconscionably and in repeated breach of the Treaty of Waitaingi”.
Where did Ngai Tahu come from?
Ngāi Tahu are a resilient, entrepreneurial people who made our home in Te Waipounamu (South Island) over 800 years ago. Our ancestors were the first long distance seafarers, riding the ocean currents and navigating by stars on voyaging waka (canoes) from Hawaiki Nui.
What does Papatipu Runanga mean?
ancestral land
‘Papatipu’ refers to ancestral land. Local Papatipu Rūnanga has the status of mana whenua with kaitiaki status (guardianship) over land and water within their takiwā or territory. For that reason, local Papatipu Rūnanga offices are the primary points of contact in the resource consent process.
Who is the richest Maori tribe?
Ngāi Tahu is the wealthiest iwi in New Zealand, with a net worth of $1.3 billion.
Do Māori iwi pay tax?
Tax (when payable) on Maori authority dividends is deducted at a rate of 17.5 percent rather than the normal dividend rate of 33 percent. The tribe paid no tax on its New Zealand business operations, and distributed $6.5 million to runanga.
Do Māori pay income tax?
Māori authority filing and reporting All Māori authorities must file an income tax return each year, unless they’ve completed a non active declaration. Māori authority credit accounts (MACA) Māori authority credit accounts keep track of income tax paid and credits available for their members.
Does Ngāi Tahu Holdings pay tax?
Do the Ngāi Tahu companies have an advantage over the competition because they operate under a charitable trust structure? There are advantages and disadvantages of the Ngāi Tahu companies being charities. And these are set out above. In short the advantage is being exempt from income tax.
What is the sub tribe of Ngāi Tahu?
Ngāi Tahu means the ‘people of Tahu’, linking us to our eponymous ancestor Tahu Pōtiki. Within the iwi there are five primary hapū being Kāti Kurī, Ngāti Irakehu, Kāti Huirapa, Ngāi Tūāhuriri and Ngāi Te Ruahikihiki. The traditions of Waitaha, Ngāti Māmoe and Ngāi Tahu are embedded in our landscape.
What does rūnanga mean in Māori?
council
In Māori culture, a rūnanga (runaka in Southern Māori dialect) is a council, tribal council, assembly, board or boardroom. The term can also be a verb meaning “to discuss in an assembly”.
Where did Ngāi Tahu come from?
Why is Ngāi Tahu rich?
Ngāi Tahu had its first contact with European sealers and whalers from around 1795 and by the 1830s had built up a thriving industry supplying whaling ships with provisions such as pigs, potatoes, and wheat.
Does Ngai Tahu Holdings pay tax?
Is Ngai Tahu a charitable trust?
The Ngāi Tahu Charitable Trust values its charitable trust status and has an annual process where all expenditure and operations are assessed to ensure they are ‘charitable’ as defined by law.
Is Ngai Tahu a charity?
Ngāi Tahu is exempt from income tax because the sole shareholder for all its businesses is a registered charity. Many New Zealanders may be unaware the maker of their favourite breakfast cereal is owned by a church.
Is Maori land taxed?
Māori authority Income taxed at a rate of 17.5%. Must maintain a Māori authority credit account (MACA).