TIB - February 2005
Interpretation statements
- Work of a minor nature
Legislation and determinations
- Provisional depreciation determination PROV12
- Livestock values – 2005 national standard costs for specified livestock
Standard practice statements
- Late filing penalty SPS 05/01
Legal decisions – case notes
- Depreciation of right to use trademarks: The Trustees in the CB Simkin Trust and the Trustees in the NC Simkin Trust v CIR of New Zealand
- Struck-off company has no status; objection rights can not be assigned: TRA 046/01, TRA Dec 001/2005
- No appeal from interlocutory rulings: TRA 33/00, TRA 002/2005
- Church superannuation scheme not charitable: Jarod Peter Hester & Ors v CIR, CA 6/04
- Time limit for taxpayer to issue NOPA begins on filing return: TRA Decision No 31/2004
- CIR wins New Zealand’s largest tax avoidance case in High Court: Accent Management Ltd, Ben Nevis Forestry Ventures Ltd, Bristol Forestry Ventures Ltd, Clive Bradbury, Greenmass Ltd, Gregory Peebles, Kenneth Laird Estate, Lexington Resources Ltd, and Redcliffe Forestry Ventures Ltd v CIR
New legislation
- Taxation (Venture Capital and Miscellaneous Provisions) Act 2004. Taxation (Annual Rates of Income Tax Act 2004–05) Act 2004
- Legislative drafting issues
- Orders in Council