Vol 8 No 6
Issued
01 Oct 1996

TIB - October 1996

Interpretation statements

  • GST - Supplies of dwellings and other real property
  • Long service leave - when expenditure on account is incurred

Legislation and determinations

  • Marquees - depreciation determination DEP18
  • Scaffolding - draft depreciation determination
  • Tags (security) - draft depreciation determination

Binding rulings

  • NZ Guardian Trust Company Ltd’s NZGT30 Fund (BR Prd 96/25)
  • NZ Guardian Trust Company Ltd’s NZGT30 Fund (BR Prd 96/28)
  • Binding ruling BR Prd 96/9 withdrawn

Legal decisions - case notes

  • Lump sum tenancy inducement payments - assessability: High Court CP 1287/95, 1288/95
  • Letter of credit - time of payment for GST taxable supply: TRA 95/013
  • Severance of employment payments - assessability: TRA 96/114 and 96/059
  • Company strike-off - effect on case stated proceedings: TRA 93/WN/029