Vol 22 No 9
Issued
01 Oct 2010

TIB - October 2010

Binding rulings

  • Public Ruling BR Pub 10/09: Legal services provided to non-residents relating to transactions involving land in New Zealand

New legislation

  • Taxation (Definitions of Dependent Child) Act 2010
  • Orders in Council
    • FIF deemed rate of return set for 2009–10
    • FBT rate for low-interest loans
    • Remission of use-of-money interest for Canterbury earthquake victims

Legislation and determinations

  • Marine fender systems – depreciation determination

Legal decisions – case notes

  • Application to commence proceeding under section 138D of the Tax Administration Act 1994
  • Supreme Court declined leave to appeal