TIB - September 2013

Operational statements

• Operational statement OS 13/01: The Commissioner of Inland Revenue’s search powers
• Operational Statement OS 13/02: Section 17 Notices

Legislation and determinations

• Determination CFC 2013/01: Non-attributing active insurance CFC status (TOWER Insurance Limited)

Legal decisions – case notes

• Interest deductibility and nexus TRA 03/11
• Interest deductibility and nexus TRA 02/11
• Existing breeding business required before deductions allowable
• Eligibility of goods to be zero-rated for GST purposes