TIB - June 2007

Binding rulings

• Product ruling – BR PRD 07/01

Standard practice statements

• SPS 07/03 Requests to amend assessments

Interpretation statements

• IS 07/01 GST treatment of sale of long-term residential rental properties

Legislation and determinations

• CPI adjustment 07/01 for Determination DET-001: Standard-cost household service for childcare providers
• CPI adjustment – CPI 07/02 for Determination DET-05/03: Standard-cost household service for boarding service providers

New legislation

• Student Loan Scheme Amendment Act 2007

Legal decisions – case notes

• Bill of Rights: Peter Lloyd Machirus v The Commissioner of Inland Revenue
• Breach of solicitor's undertaking to the Commissioner: Manu Chhotubhai Bhanabhai & Ors v The Commissioner of Inland Revenue