TIB - September/October 2008

New legislation

• Taxation (Limited Partnerships) Act 2008

Other policy matters

• New double tax agreement with the Czech Republic, new protocol to the United Kingdom agreement, and other tax treaty developments

Legislation and determinations

• Expense items in the Table of Depreciation Rates

Interpretation statements

• IS 08/03: Resource consent application fees and provision of works, provision of information and transfer of land as conditions of resource consent – GST treatment

Binding rulings

• Associated persons test – timing in relation to gross income derived from the sale or other disposition of land
• Public ruling BR Pub 08/02: Māori Trust Boards: Declaration of trust for charitable purposes made under section 24B of the Māori Trust Boards Act 1955 – Income tax consequences

General matters

• Research and Development tax credit – consultation and amendments to online guidance material
• Get your TIB sooner on the internet
• TIB reader survey