Vol 15 No 12
Issued
01 Dec 2003

TIB - December 2003

Binding rulings

  • Public ruling - BR PUB 03/07
  • Public ruling - BR PUB 03/08
  • Public ruling - BR PUB 03/09
  • Public ruling - BR PUB 03/10
  • Commentary on public rulings BR PUB 03/07 to BR PUB 03/10
  • Product ruling - BR PRD 03/15
  • Product ruling - BR PRD 03/17
  • Product ruling - BR PRD 03/20

New legislation

  • Fringe benefit tax - prescribed rate of interest on low-interest, employment-related loans

Legal decisions - case notes

  • Discretionary remedy not awarded by High Court: M & J Wetherill Company Ltd & Ors v TRA & CIR
  • Tax agent's judicial review of District Court fails: Russell v District Court & CIR
  • Joint venture scheme found to be tax avoidance: Erris Promotions Limited & Ors v CIR
  • Church superannuation scheme not charitable: Jarrod Peter Hester & Ors v CIR

Legislation and determinations

  • Outboard motors - draft general depreciation determination: DDG0094
  • Exposure draft - general depreciation determination DEPXX

Standard practice statements

  • Tax payments - when received in time IR-SPS PRC-101
  • Retention of business records by electronic means IR-SPS GNL-430

Questions we've been asked

  • Managing communications associated with a dispute referred to the Adjudication Unit
  • Application of the anonymous version of Determination S13