Vol 11 No 2
Issued
01 Feb 1999

TIB - February 1999

Legislation and determinations

  • Livestock values – 1999 national standard costs for specified livestock
  • Laser cutting machines (DEP43)
  • Use of money interest rates from 8 March 1999

Interpretation guidelines

  • Employee or independent contractor?

Standard practice statements

  • Shortfall penalties – application where returns are amended before due date (INV-570)
  • GST returns – correcting minor errors (INV-490 clarified)
  • General interest items Interest, withholding taxes and approved issuer levy

Interpretation statements

  • Available subscribed capital – energy companies

Legal decisions – case notes

  • PAYE refund to payer or insurance agent (TRA 98/10)