Vol 31 No 11
Issued
01 Dec 2019

TIB - December 2019

Legislation and determinations

  • Foreign currency amounts - conversion to New Zealand dollars (for the six months ending 30 September 2019)
  • DEP105: Tax Depreciation Rate for pushrod/cable propelled pipeline camera inspection systems (not including pipeline crawlers)

Legal decisions – case notes

  • Commissioner successful in tax avoidance case
  • Court of Appeal considers Commissioner’s opposition to the restoration of companies to the New Zealand Companies Office register to protect the integrity of the tax system
  • High Court considers whether a repayment of a loan can generate an input tax deduction

General articles

New Inland Revenue Tax Technical website coming in early 2020