Vol 5 No 2
Issued
01 Aug 1993

TIB - August 1993

New Legislation

  • Upcoming legislation - Taxation Reform Bill No.7
  • Depreciation determinations - fees and procedures
  • National Standard Costs for livestock

Questions we've been asked

  • Income Tax Act 1976 
  • Goods and Services Tax Act 1985 
  • Estate and Gift Duties Act 1968 
  • Gaming Duties Act 1991 
  • Correction to earlier item 

Legal Decisions - Case Notes

  • TRA 93/67 and 93/68: Distribution from company's capital reserve is a dividend
  • TRA 92/131 and 39/93: Charitable Status of the Medical Council of NZ
  • TRA 92/43: Fringe benefits, current account balances and directors' fees
  • Mitsubishi Motors NZ Ltd v CIR:  Timing of the deductibility of warranty costs
  • TRA 92/150: Assessability of payment for goodwill
  • Hindmarsh v CIR AP 289/90:  Deductibility of cost of an appeal to the Public Service Appeal Board
  • Christchurch Press Co Ltd v CIR - AP 241/91:  Deductibility of wages when employees working on capital improvements
  • TRA 93/55:  Sale of orchard - a going concern?
  • TRA 92/151: Apportionment on sale - going concern and taxable supply
  • TRA 91/125: Whether income derived by company or proprietor

See also the appendix.