TIB - July 2020

Legislation and determinations

COV 20/01: Variation to section HB 13(3)(b) of the Income Tax Act 2007
COV 20/02: Variation to section EI 1 of the Income Tax Act 2007 an application to change GST taxable period
COV 20/03: Variation of the application of s 15D(2) Goods and Services Tax Act 1985 to extend time to make an application to change GST taxable period
COV 20/04: Variation in relation to s DB 31 Income Tax Act 2007 to extend time for writing off bad debts
COV 20/05: Variation in relation to s RP 17B(4) of the Income Tax Act 2007 to extend time for tax pooling transfers
NAMV 2020: National Average Market Values of Specified Livestock Determination 2020

Standard practice statement

Interpretation statements

IS 20/02: GST - supplies by New Zealand hunting outfitters and taxidermists to overseas hunters
IS 20/03: Income tax – sections GB 3B and GB 4 of the Income Tax Act 2007 – temporary loss carry-back regime
IS 20/04: GST treatment of short-stay accommodation

Commissioner's statement

Legal decisions – case summaries

Court of Appeal decides that payments made in support of overseas mission services qualify for tax credits
Taxpayer ordered by Court of Appeal to pay increased security for costs