Vol 5 No 3
Issued
01 Sep 1993

TIB - September 1993

Legislative Changes

  • FBT - prescribed rate of interest reduced from 1 July 1993

Policy Statements

  • The IR 10 and section 25 of the Income Tax Act

Questions we've been asked

  • Income Tax Act 1976 
  • Goods and Services Tax Act 1985 
  • Estate and Gift Duties Act 1968 

Legal Decisions - Case Notes

  • Lambert v CIR: Application out of time under Matrimonial Property Act
  • Darnill Ltd v CIR: Application to have TRA decision set aside
  • TRA 92/104: Loss on sale of shares
  • TRA 92/22 and 92/17: Frivolous or vexatious proceedings
  • TRA 92/84 and 92/83: Deductibility of unrealised loss on preference shares