NZ Tax Cases> 197778 Volume 3
> Commissioner of Inland Revenue v Banks
Commissioner of Inland Revenue v Banks
(1978) 3 NZTC 61,236
Court of Appeal.
1 March 1978.
Income tax Allowable deductions Parttime tutor doing work at home Claim for proportion of e
determine allowable deductions and the
annual total deduction.
Income Tax Act 2007
An amount is a deduction of a person if they are
allowed a deduction for the amount under Part D
4 Allocation of deductions t
10) In order to manage their relationship with an outsourcer or technology service
provider, firms need a contract that includes a(n):
4) Which of the following types of computer would you use to support a computer
The device that acts as a connection point between computers and can filter and forward data to a
specified destination is called a(n):
d) network interface card
What are the four layers of the TCP/IP reference model?
"According to the _, you should take the action that produces the least harm."
a) Categorical Imperative
b) Utilitarian principle
c) Risk aversion
d) Golden rule
Immanuel Kant's Categorical Imperative states that:
"a) if an action cann
"Compared to traditional goods, digital goods have:"
a) greater pricing
b) lower marketing
c) higher production
d) higher inventory
"Compared to digital markets, traditional markets have:"
a) lower search costs
9) Each of the following is a quality of business organization and structure that serves to
enable productive collaboration, except:
A) open culture.
B) strong hierarchy.
C) decentralized structure.
D) breadth of
2) What are the relationships that the relational database is named for?
A) Relationships between rows and
B) Relationships between entities
C) Relationships between fields and records
D) Relationships between databases
3) In a table for customers
A firewall allows the organization to:
a) enforce a security policy on data exchanged between its network and the Internet
b) check the accuracy of all transactions between its network and the Internet
c) create an enterprise system on the Inter
4) Poor business processes is an example of the _ dimension of business
Vodafone's implementation of a Web-based digital dashboard to provide managers with
CRM systems help businesses obtain which business objective?
a) Operational excellence
b) Customer and supplier
c) New products and services
d) Improved decision making
A scheduling system for minimizing inventory by having components a
Which types of decisions are more prevalent at lower organizational levels?
Expertise and experience of organizational members that has not be
8) The _ strategy concentrates financial management and control out of a
central home base while decentralizing production, sales, and marketing operations
to units in other countries.
NZ Tax Cases> 199596 Volume 17
> Commissioner of Inland Revenue v Mitsubishi Motors New Zealand Limited
Commissioner of Inland Revenue v Mitsubishi Motors New Zealand Limited
(1995) 17 NZTC 12,351
Judicial Committee of the Privy Council, Appeal No 65 of
1 of 1 DOCUMENT: All England Law Reports/1965/Volume 3 /B P Australia Ltd v Commissioner of Taxation of The
Commonwealth of Australia -  3 All ER 209
 3 All ER 209
B P Australia Ltd v Commissioner of Taxation of The Commonwealth of Aust
The concept of income
Source and Residence
concept of income
Source and Residence
individuals and companies
The Concept of Income
A large component of tax
revenue is fr
NZ Tax Cases> 198384 Volume 6
> Grieve v Commissioner of Inland Revenue
Grieve v Commissioner of Inland Revenue
(1984) 6 NZTC 61,682
Court of Appeal.
16 December 1983.
Income tax Allowable deductions Loss on farming activities Purchase of run down farmi
Income from Business
and Personal Property
Business v hobby
Personal property and land transactions
What are business activities?
Business, Hobby and Taxable
Income from personal property
Income of Individuals and
Derived from Employment
Employment Relationship Test
Non Taxable Allowan
INTERPRETATION GUIDELINE: IG 11/01
INCOME TAX; GOODS AND SERVICES TAX DETERMINING EMPLOYMENT
STATUS FOR TAX PURPOSES (EMPLOYEE OR INDEPENDENT CONTRACTOR?)
Relevant legislative provisions are reproduced in the Appendix to this guideline.
The New Zealand Tax Environment
Introduction to the New Zealand Tax
1. Meaning of Taxation
2. Forms of Tax
3. Tax Bases
4. Tax Rates
5. Objectives of Taxation
6. The role of the CIR
7. Cost of the Taxation System
8. Canons of Taxation
NZ Tax Cases> 1985 Volume 7
> Reid v Commissioner of Inland Revenue
Reid v Commissioner of Inland Revenue
(1985) 7 NZTC 5,176
Court of Appeal.
25 October 1985.
Income tax Assessable income Trainee primary school teacher receiving student teacher allowan
1. Phil has a permanent place of abode in Nevada (USA) and he came to NZ for a brief
visit in February and March this year. Whilst he was in NZ, he did some odd jobs for
a small income. Is Phil a NZ tax resident?
2. A Navy personnel ha
1. Phil is not a resident in NZ as he has no permanent place of abode in NZ [s YD 1(2)]
and he is in New Zealand for less than 183 days [s YD 1(3)] i.e. 28+31= 59 days.
2. The Navy personnel is a tax resident of NZ because he is in the
6 March 2014
Public Rulings Unit
Office of the Chief Tax Counsel
INTERPRETATION STATEMENT: IS 14/01
All legislative references are to the Income Tax Act 2007 unless otherwise stated.
IN THE SUPREME COURT OF NEW ZEALAND
SC CIV 24/2004
 NZSC 34
THREE FOOT SIX LIMITED
NEW ZEALAND COUNCIL OF TRADE
BUSINESS NEW ZEALAND
8 April 200
FCT v Myer
Reid v CIR
which comes in
Business or tradelike a
Question 1: Capital gains tax
Finance Minister says there will be no effect from the capital gains