Description: This public ruling considers the meaning of 'anything occurring on liquidation' in the context of a company which requests removal from the register of companies under s 318(1)(d) of the Companies Act 1993. The ruling concludes that liquidation of a company is a process, and the first step to start that process will usually be a resolution of shareholders to cease business, pay all creditors, distribute surplus assets and to then request removal from the register.

Description: The Arrangement is the receipt of a benefit by an employee from a third party where there is an arrangement between the employer and the third party and where the benefit would amount to a 'fringe benefit' if it had been provided by the employer.

Description: The Arrangement is the receipt of a benefit by an employee from a third party where there is an arrangement between the employer and the third party and where the benefit would amount to a 'fringe benefit' if it had been provided by the employer.

Description: The Arrangement is the Lifetime Income product, which is a retirement product that provides a fund to invest accumulated KiwiSaver funds in return for a stream of regular payments over Investors' retirement lifetime

Description: The Income Tax (Minimum Family Tax Credit) Order 2014, made on 17 November 2014, increases the net income level guaranteed by the minimum family tax credit. The net income level will rise from $22,776 to $23,036 a year and comes into force on 1 April 2015.

Description: This determination applies to shares held by the NZFM Funds in the Harness Fund, a sub-fund of CitiFirst Investments plc.

Description: This determination relates to a share incentive scheme (the Scheme) established by a company (Company A). Under the Scheme, eligible growers commit to exclusively supplying all of their produce through a company (Company B) for a three-year period and to appointing Company B as their agent for that period under the terms and conditions of a yearly agency / supply agreement between Company B and growers.

Description: The Lifetime Income Fund (the Fund) is a unit trust in which members of the general public up to the age of 85 can invest their retirement savings (or a proportion of them) built up through savings in a KiwiSaver scheme or otherwise.

Description: What are the GST implications of conducting a lottery, raffle, sweepstake or prize competition?

Description: During a review of the Public Information Bulletin and Tax Information Bulletin series published before 1996, the answer to Question 8 (in a series of GST questions and answers) in Public Information Bulletin No 148 (May 1986): 3 was identified as an item that should be updated. The review has now been completed, see 'Update on Public Information Bulletin review' Tax Information Bulletin Vol 25, No 10 (November 2013): 37

Description: In Tax Information Bulletin Vol 12, No 5 (May 2000): 25, the Commissioner withdrew an item entitled 'GST - Matrimonial Property Agreements', which had previously been published in Tax Information Bulletin Vol 1, No 6 (December 1989): 1. The withdrawn item concerned a GST-registered sole trader transferring an interest in their taxable activity to their relationship partner as part of an agreement made under what was then known as the Matrimonial Property Act 1976 (since renamed the Property (Relationships) Act 1976 (PRA)).