TIB - June 2014
Interpretation statements: IS 14/02: Income tax – Foreign tax credits – What is a tax of substantially the same nature as income tax imposed under s BB
Binding rulings
- Product Ruling BR Prd 14/03: Bank of New Zealand
- Product Ruling BR Prd 14/04: Scales Consolidated Tax Group
Legislation and determinations
- Special Determination S26: Valuation of shares issued by Bank following a trigger event
- Determination DEP87: Depreciation rate for tablet computers and electronic media storage devices (including smartphones and MP3 players and similar devices)
- General Depreciation Determination DEP88: Pet grooming and cleaning equipment
- CPI Adjustment 14/01 for Determination DET 09/02: Standard-cost household service for childcare providers
- CPI Adjustment 14/02 for Determination DET 05/03: Standard-cost household service for boarding service providers
- National average market values of specified livestock determination 2014
Questions we’ve been asked
- QB 14/02: Income tax – Entry of a new partner into a partnership – effect on continuing partners
- QB 14/03: GST – Transfer of interest in a partnership
Legal decisions – case notes
- Commissioner awarded indemnity costs
- Judicial review
- Strike-out application dismissed