TIB - August 2024

Determinations

• FDR 2024/02: A type of attributing interest in a foreign investment fund for which a person may not use the fair dividend rate method (Colchester Multi-Strategy Global Bond Fund PLC – The Colchester Global Green Bond Enhanced Currency Fund - NZD Hedged Accumulation Class Z Shares)

• DEP112: Tax Depreciation Rate for metal (scrap) recovery plant

Interpretation statement

• IS 24/04: Trustee of employee share scheme trust treated as nominee

Questions we’ve been asked

• QB 24/03: Fringe benefit tax – employee share loans and associates
• QB 24/04: When is a subdivision project a taxable activity for GST purposes?

Technical decision summaries

• TDS 24/13: GST – supply of accommodation
• TDS 24/14: Interest free loan and dividends