TIB - Volume 21 - 2009

Tax Information Bulletin Vol 21 No 6 - August 2009

Decision not to reissue public rulings - BR Pub 03/08 and BR Pub 03/09
Product rulings BR Prd 09/03, 09/04, 09/05, and 09/06
Public ruling BR Pub 09/03: Charitable organisations and fringe benefit tax
Public rulings BR Pub 09/04: Fishing quota - secondhand goods input tax credits; and BR Pub 09/05: Coastal permits and certificates of compliance - secondhand goods input tax credits
Public ruling BR Pub 09/06: Lease surrender payments received by a landlord - income tax treatment

DET 09/03: Amount of honoraria paid to members of the Royal New Zealand Plunket Society (Inc) that shall be regarded as expenditure incurred in production of payment
Determination DEP 71: Tax depreciation rates general determination number 71

Taxpayer should proceed to challenge proceedings when disputing the validity of a notice of response
Court of Appeal says omission to act can be aiding or abetting
High Court considers issue when a dividend is paid
Relitigated decision of the Authority

QB 09/04: The relationship between section 113 of the Tax Administration Act 1994 and the proviso to section 20(3) of the Goods and Services Tax Act 1985 when a registered person has not claimed an input tax deduction in an earlier taxable period
QB 09/05: Residential investment property or properties in Australia owned by New Zealand resident - NRWT treatment of interest paid to Australian financial institution