TIB - March 1994

Policy statements

• Miscellaneous depreciation issues - questions and answers
• Trade-in cars - valuation by franchise motor vehicle dealers
• Financial service fees
• Distinction between casual agricultural workers and seasonal employees

Legislation and determinations

• Fences - depreciation
• FBT - prescribed interest rate reduced
• Maori Purposes Act 1993/Ngati Rarua-Atiawa Iwi Trust Empowering Act 1993 - implications for the Inland Revenue Acts

Questions we've been asked

• Income Tax Act 1976 
• Goods and Services Tax Act 1985 
• Gaming Duties Act 1971 
• Estate and Gift Duties Act 1968 
• Correction to earlier item 

Legal decisions - case notes

• TRA 92/69: Whether in business of money lending; expenditure on property development
• TRA 00/00: Deduction for seismic strengthening costs