TIB - January 1997
Legislation and determinations
- Tags (security) - Depreciation Determination DEP21
- Plant trolleys - draft depreciation determination
- Filing United States tax returns - new regulations
Binding rulings
- Lease surrender payments - income tax treatment (BR Pub 97/1)
- Lease surrender payments - income tax treatment (BR Pub 97/1A)
- Colonial Mutual Life Assurance Society Ltd - demutualisation process does not of itself create tax liability for shareholders (BR Prd 96/37)
- Colonial Mutual Life Assurance Society Ltd demutualisation - issue of shares and options does not constitute a claim (BR Prd 96/38)
- Colonial Mutual Life Assurance Society Ltd demutualisation - issue of shares and options not assessable as a dividend (BR Prd 96/39)
- Non-binding tax statement to Colonial policyholders
- Colonial Mutual Life Assurance Society Ltd demutualisation - extinguishment of former rights does not constitute a gift (BR Prd 96/45)
- DB Group Ltd’s share cancellation - payments to shareholders do not constitute a dividend (BR Prd 96/43)
- Bay of Plenty Co-operative Fertiliser Co Ltd’s offer to Southfert Co-operative Ltd’s shareholders (BR Prd 96/48)
Legal decisions - case notes
- Challenging the validity of an assessment by judicial review proceedings: NZ Wool Board v CIR
- Onus on taxpayer to show intelligible basis for apportionment: Barron Fishing Ltd v CIR
- Assessability of a lump sum payment received upon leaving employment: TRA 95/72
- Assessability of a lump sum payment received upon leaving employment: TRA 95/10