Vol 20 No 5
Issued
01 Jun 2008

TIB - June 2008

Legislation and determinations

  • Determination DEP 67: Tax Depreciation Rates General Determination Number 67
  • Determination DEP 68: Tax Depreciation Rates General Determination Number 68
  • Determination 05/03 – 2008 CPI Adjustment: Standard-cost household service for boarding service providers
  • The Commissioner’s Table of Depreciation Rates

Interpretation statements

  • IS 08/01: GST – role of section 5(14) of the Goods and Services Tax Act 1985 in regard to the zero-rating of part of a supply

Questions we’ve been asked

  • QB 08/01: Tax Administration Act 1994 – section 91E(4)(f) and self-assessment

Legal decisions – case notes

  • Delegated authority: Shirley and Ronald Marshall v The Commissioner of Inland Revenue
  • ANZ has second cause of action struck out: ANZ National Bank Limited and Ors v The Commissioner of Inland Revenue
  • Qualifying trust and corpus: TRA Decision 05/08
  • Final determination in the High Court stands: The Commissioner of Inland Revenue v Central Equipment Company Limited
  • Child support – retrospective reviews and departures: IPD v KME and The Commissioner of Inland Revenue
  • Jurisdiction of the District Court in tax claim: Diederik Meenken v the District Court, Masterton and The Commissioner of Inland Revenue
  • Accountants’ advice documents must be discovered: ANZ National Bank Limited and Ors v The Commissioner of Inland Revenue Supreme
  • Court decides on taxpayer secrecy: Westpac Banking Corporation Limited, BNZ Investments Limited, ANZ National Bank Limited and Ors v The Commissioner of Inland Revenue