TDS 24/23 Depreciation loss on asset no longer used
TDS 24/22 Transitional residency and cryptoassets
Whether the Taxpayer would qualify to be a transitional resident. Whether the amounts derived by the Taxpayer from the sale of cryptoassets through overseas centralised exchanges or DEXs have a source in New Zealand.
Vol 36 No 11 TIB - December 2024
Interpretation statement
- IS 24/09: Income tax – Overdrawn shareholder loan account balances
Technical decision summary
- TDS 24/19: Income tax and GST deductions
- TDS 24/20: Permanent establishment
TDS 24/21 Accommodation provided to an employee
Given the significant value of many land transactions, it is particularly important for buyers and sellers to understand if transactions are subject to goods and services tax (GST).
TDS 24/20 Permanent establishment
The provision of services by a New Zealand company to an overseas company. Whether the overseas company had a permanent establishment in New Zealand.
IS 24/09 Income tax – Overdrawn shareholder loan account balances
This interpretation statement considers common tax issues associated with overdrawn shareholder loan accounts held in New Zealand resident close companies. A fact sheet has also been included.
IS 24/09 FS 1 Income tax – Overdrawn shareholder loan account balances fact sheet
Vol 36 No 10 TIB - November 2024
New legislation
- SL 2024/172 Tax Administration (Direct Credit of FamilyBoost Tax Credit) Order 2024
Interpretation statement
- IS 24/08: Charities – Business income exemption
Technical decision summary
- TDS 24/18: Restructuring a group of companies
Public guidance customer survey 2024
Every three years we like to survey our users to see if our guidance is meeting your needs. Your feedback is important to us. It helps us understand what we are doing well and what we can improve on.
| Reference | Title | Closes |
|---|---|---|
| PUB00495 | Tax residence – government service rule | 11 December 2024 |
| PUB00483 | Tax residence | 11 December 2024 |
| PUB00482 | Income tax – implications of a residential property moving between the standard tax rules and the mixed-use asset rules | 13 December 2024 |
| PUB00462 | What is the income tax treatment of gift cards and products provided as trade rebates or promotions? | 18 December 2024 |
| PUB00519 | Can section CB 3 apply to amounts derived from the disposal of land? | 14 February 2025 |
Public guidance customer survey 2024
Every three years we like to survey our users to see if our guidance is meeting your needs. Your feedback is important to us. Public guidance survey
Consultations closing soon
PUB00495: Tax Residence - government service rule
PUB00483: Tax Residence
Closes on 11 December 2024