TIB - June 2001

Binding rulings

• Product Ruling – BR Prd 01/07
• Product Ruling – BR Prd 01/08
• Product Ruling – BR Prd 01/09
• Product Ruling – BR Prd 01/12
• Product Ruling – BR Prd 01/13
• Public Ruling BR Pub 01/06: Employment Court awards for lost wages or other remuneration – employers’ liability to make tax deductions

Correction to a previous item

• Foreign currency amounts – conversion to New Zealand currency

New legislation

• Would you like to be consulted on the valuation of nursery plants?

Legislation and determinations

• National Average Market Values of Specified Livestock Determination 2001

Legal decisions – case notes

• Summary Judgment: Sea Hunter Fishing Limited v Commissioner of Inland Revenue
• Whether charge over uncollected book debts was fixed or floating charge: Agnew v CIR
• Whether supply of a going concern to a registered person was zero-rated: TRA No.032/00. Decision 005/2001
• Liability for GST – whether appellant carrying on a taxable activity; judicial review – whether assessment made out of time: William Palmer Nelson v CIR
• Challenge to assessment outside response period – review of test: Fuji Xerox New Zealand Ltd v CIR