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Vol 6 No 1
Issued
01 Jul 1994

TIB - July 1994

Policy statements

  • Specified superannuation contribution withholding tax (SSCWT)
  • Premiums paid for use of business land - deductibility
  • Cessation of GST registration
  • Wages paid to spouse who cooks for permanent employees - deductibility
  • Disbursements by professional firms on behalf of clients - GST
  • Apples for Schools promotion - GST

Tax legislation and determinations

  • Budget night announcements - 30 June 1994

Questions we've been asked

  • Income Tax Act 1976 
  • Goods and Services Tax Act 1985 

Legal decisions - case notes

  • Presbyterian Church of NZ v CIR: Whether Church beneficiary fund’s income is exempt from tax
  • CIR v Alcan NZ: Whether companies incorporated outside NZ can be included in a group for tax purposes
  • TRA 92/88: Whether a full-time student qualifies for the transitional tax allowance
  • CIR v Dewavrin Segard (NZ) Ltd: Whether forward wool contracts and forward exchange contracts are financial arrangements
  • Waste Management Ltd v CIR:  Whether expenditure qualifies for the prevention of pollution incentive
  • LR McLean & Co and others v CIR:  Whether wool is a secondhand good for GST purposes
  • CIR v BNZ Investment Advisory Services Ltd: Whether goods and services acquired for the principal purpose of making taxable or exempt supplies