TIB - December 2022

New Legislation

• SL2022-0296 - Order in Council - Income Tax (Tax Credit) Order 2022

Determinations

• COV 22/20: Variation to section 68CB(2) of the Tax Administration Act 1994
• DEP109: Tax Depreciation Rates for automated ship mooring systems
• FDR 2022/02: A type of attributing interest in a foreign investment fund for which a person may not use the fair dividend rate method (iShares Green Bond Index Fund - NZD Share Class)

Rulings

• BR Prd 22/11: Australia and New Zealand Banking Group Limited (ANZBGL)
• BR Prd 22/12: ANZ Bank New Zealand Limited (ANZ)

Interpretation Statements

• IS 22/06: Loss carry-forward - continuity of business activities
• IS 22/07: Company losses - ownership continuity, sharing and measurement

Questions we've been asked

• QB 22/08: Goods and Services Tax - Payments made by parents to private schools
• QB 22/09: Income Tax - Payments made by parents to private schools and the donation tax credits

Technical decision summaries

• TDS 22/18: Income tax - timing of deduction, deduction for schedular income expenses
• TDS 22/19: Whether weathertightness payments by the Crown are subject to GST