Vol 11 No 10
Issued
01 Nov 1999

TIB - November 1999

New Legislation

  • Personal Property Securities Act 1999

Binding Rulings

  • Product Ruling – BR Prd 99/13
  • Product Ruling – BR Prd 99/14
  • Product Ruling – BR Prd 99/15
  • Product Ruling – BR Prd 99/21
  • Product Ruling – BR Prd 99/22
  • Product Ruling – BR Prd 99/23
  • Product Ruling – BR Prd 99/24
  • Product Ruling – BR Prd 99/25

Legislation and Determinations

  • Portable Toilets – General Depreciation Determination DEP44

Standard Practice Statements

  • Re-publication of Standard Practice Statement INV–206
  • Unacceptable interpretation — non application of a tax law INV–206

Legal decisions – case notes

  • Whether supply of services made by partnership business with contractors as subcontractors of business, or directly as independent contractors: TRA Numbers 4/99 & 13/99. Decision Number 024/99
  • Whether assessment by Commissioner made with “improper purpose”; whether legitimate expectation affects the Commissioner’s ability to make an assessment of liability: Commissioner of Inland Revenue v New Zealand Wool Board
  • Justiciable issues remaining in the template cases: TRA Numbers 97/97, 97/96, 97/95, 97/101, 97,99, 97/100, 97/94, 97/98, 92/056, 92/055, 92/053, 92/054 & 92/052. Decision Number 022/99
  • Affidavit not to be read in part or in total: TRA Numbers 97/97, 97/96, 97/95, 97/101, 97,99, 97/100, 97/94, 97/98, 92/056, 92/055, 92/053, 92/054 & 92/052. Decision Number 023/99

Questions we’ve been asked

  • Is a person working overseas while on leave of absence for two years resident for tax purposes?