TIB - December 2003

Binding rulings

• Public ruling - BR PUB 03/07
• Public ruling - BR PUB 03/08
• Public ruling - BR PUB 03/09
• Public ruling - BR PUB 03/10
• Commentary on public rulings BR PUB 03/07 to BR PUB 03/10
• Product ruling - BR PRD 03/15
• Product ruling - BR PRD 03/17
• Product ruling - BR PRD 03/20

New legislation

• Fringe benefit tax - prescribed rate of interest on low-interest, employment-related loans

Legal decisions - case notes

• Discretionary remedy not awarded by High Court: M & J Wetherill Company Ltd & Ors v TRA & CIR
• Tax agent's judicial review of District Court fails: Russell v District Court & CIR
• Joint venture scheme found to be tax avoidance: Erris Promotions Limited & Ors v CIR
• Church superannuation scheme not charitable: Jarrod Peter Hester & Ors v CIR

Legislation and determinations

• Outboard motors - draft general depreciation determination: DDG0094
• Exposure draft - general depreciation determination DEPXX

Standard practice statements

• Tax payments - when received in time IR-SPS PRC-101
• Retention of business records by electronic means IR-SPS GNL-430

Questions we've been asked

• Managing communications associated with a dispute referred to the Adjudication Unit
• Application of the anonymous version of Determination S13