TIB - December 2012
Binding rulings
- Product ruling BR Prd 12/05: ProCare Health Limited
- Product ruling BR Prd 12/08: Fonterra Shareholders’ Fund
Legislation and determinations
- Determination DEP82: General depreciation rate for meal feeder – automated
- Special Determination S23: Transfer of acquired bad debts by a certain New Zealand company to another New Zealand company in the same consolidated group and the utilisation of a profit emerging basis by the transferee company
New legislation
- Taxation (Annual Rates, Returns Filing, and Remedial Matters) Act 2012
- Order in Council: Income Tax (Minimum Family Tax Credit) Order 2012
- Other notices
Questions we’ve been asked
- QB 12/13: Income tax – is a tax credit allowed for state income tax paid in the United States of America?
Items of interest
- Status of the Commissioner’s advice
Legal decisions – case notes
- No merit in “slip rule” appeal