Vol 12 No 12
Issued
01 Dec 2000

TIB - December 2000

New legislation

  • Taxation (GST and Miscellaneous Provisions) Act 2000 00/39
  • Taxation (Annual Rates of Income Tax 2000–2001) Act 2000 00/40
  • Consultation on valuation of nursery plants to continue
  • Fringe Benefit Tax – Prescribed rate of interest
  • Social Welfare (Transitional Provisions) Amendment Act 2000

General interest items

  • Passive tracker funds ruling applications

Legal decisions – case notes

  • Unsuccessful application for judicial review in relation to assessments by the Commissioner: Denys Jeremy Douglas v CIR
  • Whether payments made to service stations in relation to trade tie agreements were capital or revenue: Birkdale Service Station Limited & Ors v CIR