TIB - July 1995
Policy statements
- Motor vehicle reimbursement - new rates to replace public service mileage rates
- Fruit trees replaced by regrafting or replanting - income tax treatment
- Building and engineering industries - successive supplies
- GST de minimis rule applying to exempt supplies by a registered person
- Specified suspensory loans - income tax treatment when remitted
- GST - impact on the preparation of income tax accounts
- Determining a person’s permanent place of abode
Legislation and determinations
- 1995 international tax disclosure exemption ITR6
Questions we’ve been asked
- Income Tax Act 1994
- Income Tax (Withholding Payments) Regulations 1979
- Goods and Services Tax Act 1985
Legal decisions - case notes
- TRA 94/27 and 94/28: Discount for early payment of share capital is not interest
- TRA 92/60: Whether a body corporate is carrying on a taxable activity
- Unreported TRA 94/34: Whether land purchased for the purpose of erecting a dwellinghouse
- CIR v Coveney, CIR v Dooley, CIR v Swain & Adams: GST input tax claimed on the purchase of a farm dwelling
- CIR v Rangatira Ltd: Share sales profit - assessability
- DA Norton v CIR: Real estate agent’s reimbursement - monetary remuneration?
- TRA 94/57: Apportioning GST input tax credits between zero-rated and exempt supplies