Vol 14 No 3
Issued
01 Mar 2002

TIB - March 2002

Binding rulings

  • Product Ruling – BR Prd 01/35
  • Product Ruling – BR Prd 01/36
  • Product Ruling – BR Prd 01/37

New legislation – Orders in council

  • Student loan scheme – Interest rates for 2002–03
  • Fringe benefit tax – prescribed rate of interest on low-interest, employment-related loans
  • Tax simplification – reducing compliance costs for non-resident contractors

Legal decisions – case notes

  • Tax Avoidance Arrangement: Commissioner of Inland Revenue v R Peterson
  • Unclaimed Money: Commissioner of Inland Revenue v Thomas Cook Limited
  • Valid Assessment: TRA No 02/01. Decision No 6/2002
  • Depreciation of Trademarks: Trustees in the N C Simkin Trust v CIR. Trustees in the C B Simkin Trust
  • Lupton versus Cranson line of Authority: TRA No 023/01. Decision No 08/2002