BR Prd 05/03
Issued
09 Feb 2005
Effective 
5 December 2002 to 9 February 2005

Bloodstock leasing

Applicant
New Zealand Bloodstock Leasing Ltd

Under this ruling bloodstock lease payments are allowable deductions under section BD 2(1)(b) and are not excluded from being deductible under section BD 2(2)(e) of the Income Tax Act 1994.