Vol 14 No 11
Issued
01 Nov 2002

TIB - November 2002

Binding rulings

  • Product Ruling - BR PRD 02/14
  • Product Ruling - BR PRD 02/15
  • Product Ruling - BR PRD 02/16

Legal decisions ñ case notes

  • Struck off companies restored to companies register: CIR v Registrar of Companies
  • Statutory demand reinstated, retired trustee's GST liability: CIR v Chester Trustee Services Ltd
  • Application to set aside bankruptcy: The bankruptcy of Moti Singh (ex patre CIR)
  • Special leave to appeal refused by Privy Council: John George Russell & Ors v Taxation Review Authority and CIR
  • Special leave to appeal refused by Privy Council: M & J Wetherill Company Ltd & Ors v Taxation Review Authority & CIR

Taxation (Relief, Refunds and Miscellaneous Provisions) Act 2002

  • New rules on taxpayer financial relief
  • New rules on transfers of overpaid tax
  • Tax simplification measures
  • Other policy measures
  • Remedial amendments

Standard practice statements

  • Instalment arrangements for payment of tax debt
  • Writing off tax debt

Questions we've been asked

  • Section 108 Tax Administration Act 1994 (TAA): Commencement of 4-year statutory period

Other items of interest

  • Retrospective adjustment to salaries paid to shareholder-employees - withdrawal of previous QWBA