TIB - February 2008

Binding rulings

• Public ruling – BR PUB 07/10
• Public ruling – BR PUB 07/11
• Product ruling – BR PRD 07/05

Legislation and determinations

• Determination DEP64: Tax depreciation rates general determination number 64
• Determination DEP65: Tax depreciation rates general determination number 65
• Determination PROV18: Tax depreciation rates provisional determination number 18

New legislation

• Orders in Council
  • Student Loan Scheme – repayment threshold for the 2008–09 tax year
  • Family Tax Credit income amount increased

Standard practice statements

• ED0099 Draft standard practice statement: Disputes resolution process commenced by Commissioner of Inland Revenue

Legal decisions – case notes

• List of names must be provided: The Commissioner of Inland Revenue v Blakely
• Over-market payments to a related person in the course of business: TRA decision number 15/2007
• Timing of deduction for accounting services: TRA decision number 14/07
• Appeal against dismissal of strike-out application: The Commissioner of Inland Revenue v J A Reid & Ors