Issued
2019

Volumes 161-170

List of completed PIB reviews from volumes 161 to 170, Apr 1987 to Feb 1988.

PIB Volume 161, April 1987
The following items have no current application and will not be republished:
Page 1 Donations to kindergartens
Page 2 Fringe benefit tax - Staff share brokerage
Page 3 Tax in dispute - specified rate of interest
Page 3 Fringe benefit tax - change to the prescribed rate of interest

 

PIB Volume 162, April 1987
This volume included commentary relating to the following legislation:
Page 1 Income Tax Amendment Act (No. 4) 1986

 

PIB Volume 163, May 1987
The following items have no current application and will not be republished:
Page 1 GST and mystery envelope appeals
Page 2 Employment of school children
Page 5 Deductibility of interest - section 106(1)(h) of the Income Tax Act 1976
Page 10 GST on accident compensation levies
Page 16 Privy Council decision on tax avoidance
Page 31 Accrual tax treatment of income and expenditure
This volume included commentary relating to the following legislation:
Page 1 Income Tax Amendment Act 1986
Page 4 Income Tax Amendment Act 1987
Page 22 Income Tax Amendment Act (No. 2) 1987

 

PIB Volume 164, August 1987
The following items have no current application and will not be republished:
Page 2 Emoluments received from international organisations
Page 2 Division of government superannuation
Page 3 Franchise agreements assessment for stamp duty purposes
Page 3 Valuation of trading stock
Page 6 Responsibility to deduct withholding tax from door charges at hotels and taverns
Page 7 Police officers - deductibility of gym fees
Page 8 Benefit from money advanced
Page 8 Transfer of shares to a nominee company
Page 10 Tax in dispute - specified rate of interest
Page 11 High Court decision CIR v NTN Bearing - SAECO NZ LTD (1985) 9 TRNZ 121 or (1985) 8 NZTC 5039 - charitable company
Page 15 TRA decision - deductibility of expenditure
Page 16 High Court decision - valuation of timber
Page 17 TRA decision - Case G54 (1985) 7 NZTC 1235 - cash shortages - clause 8 fourth schedule
Page 19 TRA decision - Case H8 (1986) 7 NZTC 158 - claim for computer disk drive - clause 4 fourth schedule
Page 19 TRA decision - Case G73 (1985) 7 NZTC 1335 - life insurance sales representative - expenditure and depreciation on motor launch
Page 21 GST and FBT
Page 22 GST on hire agreements containing an option to purchase clause
Page 23 The GST valuation of supplies to associated persons
Page 24 GST on advance payments to kiwifruit growers
Page 24 GST and debt collection agencies
Page 28 GST treatment of farm houses
Page 29 GST and non-resident traders
Page 30 GST on directors' fees
Page 30 GST - consumer credit and contingency debt insurance contracts
Page 32 Taxable activity - continuous or regular
Page 32 GST and mystery envelope appeals
Page 33 GST on advertising for non-resident clients
Page 33 GST on the supply of services by an investment management company
Page 35 GST and the calculation of the employers accident compensation levy
Page 35 Goods and services tax on travel agents' commissions
The following items have been updated and republished:
Page 14 TRA decision - Case J53 (1987) 9 NZTC 1297 or Case 94 (1987) 10 TRNZ 709 - directors' fees
as QB 14/09: Income tax - Meaning of 'excessive remuneration' and 'excessive profits or losses' paid or allocated to relatives, partners, shareholders or directors and in Tax Information Bulletin Vol 26, No 9, October 2014
Page 31

GST treatment of the sale of an interest in a taxable activity
as QB 14/03: Goods and Services Tax - Transfer of interest in a partnership and in Tax Information Bulletin Vol 26, No 5, June 2014

The following items are still under review:
Page 1 Employee share purchase schemes
Page 21 GST - Supply of donated goods and services by a non-profit body

 

PIB Volume 165, September 1987
This volume included commentary relating to the following legislation:
Page 1 Goods and Services Tax Amendment Act 1987
Page 12 Income Tax Amendment Act (No. 2) 1987
Page 31 Land Tax Amendment Act 1987

 

PIB Volume 166, November 1987
The following items have no current application and will not be republished:
Page 2 Departmental policy on the availability of tax credits for payment of tax deductions
Page 3 The GST valuation of supplies to associated persons - valuation of motor vehicle supplied free of charge
Page 8 Low interest loans - sections 3360(2)(b)
Page 8 Valuation of livestock owned by investors
Page 9 Military uniforms
The following items are still under review:
Page 6 Bloodstock cost determination

 

PIB Volume 167, December 1987
The following items have no current application and will not be republished:
Page 31 Accrual tax accounting regime: specific issues
Page 61 Persons not required to accrue expenditure under section 104A of the Income Tax Act 1976 - determination made under section 104A(5)
This volume included commentary relating to the following legislation:
Page 1 Income Tax Amendment Act 1987
Page 48 Income Tax Amendment Act 1987

 

PIB Volume 168, January 1988
The following items have no current application and will not be republished:
Page 1 Computer software - payment for the use of
Page 1 Film expenditure and the accruals regime
Page 2 Goods and services tax on services provided by PIPS
Page 3 GST on real estate agents commission's [sic] (transitional period)
Page 3 Goods and services tax - open market value
Page 3 Goods and services tax on assets retained upon ceasing to be a registered person
Page 4 Goods and services tax - shareholder/employees' cars
Page 5 Goods and services tax - income tax
Page 5 Goods and services tax registration and debt collecting/repossession agencies
Page 6 Goods and services tax - life insurance
Page 6 Goods and services tax on renewal of crown leases
Page 6 GST - costs incurred in preparing goods and services tax returns
Page 9 High court decision - expenses as a condition of insurance agency employment
Page 9 Section 188A - 1986 amendment
Page 9 The Income Tax (Non-Resident Companies Special Development Project) Order 1987
The following items have been updated and republished:
Page 5

The following item has been updated and republished as part of QB 18/15: GST – When will goods and services supplied in connection with the repatriation of human remains from New Zealand be zero-rated?

GST on human remains for repatriation

Page 10 War pensions - section 61(10) Income Tax Act 1976, as QB 18/12 Are war pensions paid under the Dutch ABVP Scheme exempt from income?

 

PIB Volume 169, February 1988
The following items have no current application and will not be republished:
Page 1 ACC employers levy - domestic earnings
Page 4 Fringe benefit tax - not deductible for income tax purposes
Page 4 GST - changes in use of capital assets
Page 5 GST on the futures market
Page 6 GST on the disposal of assets used principally for making exempt supplies
Page 6 GST on geological surveys
Page 7 Life insurance - temporary or term
Page 7 Relieving teachers - travelling expenses
Page 8 Treatment of depreciation recovered on the sale of a motorcar

 

PIB Volume 170, February 1988
This volume inlcuded commentary relating to the following legislation:
Page 1 Income Tax Amendment Act (No. 3) 1987
Page 15 Goods and Services Tax Amendment Act (No. 2) 1987
Page 18 Estate and Gifts Duties Amendment Act 1987