This item summarises a private ruling about whether a share cancellation payment was in lieu of a dividend under s CD 22 or was a dividend under s CD 4, whether the share-for-share exchange limitation in s CD 43 applied, and whether s BG 1 applied to vary these outcomes.

This determination sets the deemed rate of return, used to calculate foreign investment fund income under the deemed rate of return calculation method, for the 2025-26 income year at 7.84%. The deemed rate of return set for the 2024-25 income year was 8.04%.

This determination sets the deemed rate of return, used to calculate foreign investment fund income under the deemed rate of return calculation method, for the 2025-26 income year at 7.84%. The deemed rate of return set for the 2024-25 income year was 8.04%.

Determination DET 26/03 declares the Wellington severe weather event in April 2026 is an emergency event for the purposes of family scheme income.

Cryptoassets are cryptographically secured digital representations of value that can be transferred, stored or traded electronically.  They use some form of distributed ledger technology such as blockchain.  Cryptoassets may also be referred to as cryptocurrencies, digital tokens or virtual currencies.

This question we’ve been asked considers whether a member of an unincorporated body who is registered for GST can claim input tax deductions for expenditure incurred by the unincorporated body if the unincorporated body is not itself registered for GST. It also considers whether members can claim input tax deductions for contributions they make to the unincorporated body.

This question we’ve been asked considers whether a member of an unincorporated body who is registered for GST can claim input tax deductions for expenditure incurred by the unincorporated body if the unincorporated body is not itself registered for GST. It also considers whether members can claim input tax deductions for contributions they make to the unincorporated body.

This interpretation statement considers the income tax implications for a business that provides sponsorship to an organisation, event, person or cause, where the taxpayer (the sponsor) intends that the sponsorship will promote or advertise the business.  The sponsorship may be provided in the form of money or by providing products or services.

This fact sheet accompanies interpretation statement IS 26/10: Income tax implications of providing sponsorship. It briefly explains the key points in IS 26/10 about when sponsorship that a business provides to an organisation, event, person or cause is deductible.