IS 17/01
Issued
23 Feb 2017

Income tax - deductibility of feasibility expenditure

This item considers the deductibility of feasibility expenditure. It updates and replaces "IS 08/02: Deductibility of feasibility expenditure" Tax Information Bulletin Vol 20, No 6 (July 2008): 12, to take account of the Supreme Court decision Trustpower Ltd v CIR [2016] NZSC 91.