TIB - February 2020

Legislation and determinations

Determination FDR 2019/01 - Use of fair dividend rate method for a type of attributing interest in a foreign investment fund (ISAM Systematic Trend – Class Q shares)
Determination FDR 2019/02 – Use of fair dividend rate method for a type of attributing interest in a foreign investment fund (Russell Investments Multi Strategy Volatility Fund)
EE001: Employee use of telecommunications tools and usage plans in their employment
Determination CFC 2019/05: Non-attributing active insurance CFC status (TOWER Insurance Limited)
Determination CFC 2019/04: Non-attributing active insurance CFC status (TOWER Insurance Limited)
Determination CFC 2019/03: Non-attributing active insurance CFC status (TOWER Insurance Limited)
Determination CFC 2019/02: Non-attributing active insurance CFC status (TOWER Insurance Limited)
Determination CFC 2019/01: Non-attributing active insurance CFC status (TOWER Insurance Limited)

BR Pub 19/05: Income tax – treatment of alteration to rights attached to shares under section CB 4
BR Pub 19/06: Income tax – treatment of a disposal of shares with altered rights under section CB 4

IS 19/04 - Income tax - distributions from foreign trusts

QB 19/15: If property held in a trust is rented out by a beneficiary of the trust for short-stay accommodation, who should declare the income, and what deductions can be claimed?
QB 19/16: If property held in a trust is rented out by the trustees for short-stay accommodation, who should declare the income, and what deductions can be claimed?

SPS 19/05 – options for relief from child support debt

OS 19/05: Employer-provided travel from home to a distant workplace – income tax (PAYE) and fringe benefit tax

High Court upholds TRA decision regarding Income Tax, GST and PAYE assessments and TAA ss 108 and 108A time bar
Commissioner successful in donations GST case
Court of Appeal dismisses appeal of application for judicial review of child support assessment