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TIB - Volume 18 - 2006

Tax Information Bulletin Vol 18 No 4 - May 2006

Items of interest include:

Legislation and determinations

  • 2006 International Tax Disclosure Exemption ITR17
  • Foreign currency amounts - conversion to New Zealand dollars

Legal decisions - case notes

  • Appeal filed out of time deemed abandoned
    J G Russell v The Commissioner of Inland Revenue
  • Order for further and better discovery
    Prophet Investments Limited
  • Disputing default assessments
    Donald Eugene Allen v The Commissioner of Inland Revenue

Questions we've been asked

  • Effect of repeal of Income Tax Act 1994 on depreciation determinations issued before repeal
  • Correction - Threshold to account for GST on a payments basis

Operational Statement

  • Correction - GST treatment of supplies of telecommunications services

Regular features

  • Due dates reminder
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Date published: 01 May 2006

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