TIB - July 2003

Binding rulings

• Product Ruling - BR PRD 03/14
• Public Ruling - BR PUB 03/04

New legislation

• War Pensions Amendment Act 2003 - minor amendments to Income Tax Act 1994 and Child Support Act 1991

Legal decisions - case notes

• CIR loses CFC case: TRA Dec 17/2003

Standard practice statements

• Withdrawal of Standard Practice Statement INV-570
• Withdrawal of Standard Practice Statement RDC-5

Questions we've been asked

• Goods and Services Tax Act 1985: Trophies and animal products derived from the tourist, hunting and safari industry: zero-rating under GST