TIB - March 2005

Binding rulings

• Public ruling – BR PUB 05/01

Legal decisions – case notes

• Taxpayer wins film investment cases: Peterson v CIR
• Warranty payments paid by overseas manufacturers of motor vehicles to importers not exempt from GST: CIR v Motorcorp Holdings & Ors

Question we've been asked

• HHG PLC capital reduction proposals – tax implications for New Zealand shareholders