TIB - November 1996
Interpretation statements
- Transfers of depreciable property between 100% commonly owned companies - withdrawal of Commissioner’s practice
Legislation and determinations
- Aluminium scaffolding - depreciation determination DEP19
- Horizontal directional drilling machines - draft depreciation determination
Binding rulings
- Taxation of commissions received by life agents on own policies and family policies (BR Pub 96/9)
- Taxation of commissions received by life agents on own policies and family policies (BR Pub 96/9A)
- GST - advertising space and advertising time sold to non-residents (BR Pub 96/10)
- Hunter Premium Funding Ltd: service of arranging loans is GST-exempt as a financial service (BR Prd 96/30)
Questions we’ve been asked
- Income Tax Act 1994: Whether franchise agreements are depreciable
Legal decisions - case notes
- Retirement allowance - assessability: TRA 95/82
- Adjustment assistance payments - assessability: TRA 96/38, 96/39
- Liability for income tax - section 276: BNZ Finance v CIR and Nash