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Volume: 32, Issue: 10 (2020)

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Thu 21 Nov 23:02 PM

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Year: 2020, Volume 32, Issue: 10
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Commissioners Statement

CS 20/05: GST treatment of payments received by a GST registered body corporate from the Ministry of Business, Innovation and Employment under the Leaky Homes Financial Assistance Package
 
Description: This Statement sets out the Commissioner's position in relation to payments received by a GST registered body corporate from the Ministry of Business, Innovation and Employment (MBIE) under the Leaky Homes Financial Assistance Package (FAP) scheme.

Categories: BODY CORPORATE  GOODS AND SERVICES TAX  LEAKY HOMES  PAYMENT 

Legislation:
  • (GST) Section 5 (6D)
Referenced Entities:
  • MINISTRY OF BUSINESS, INNOVATION AND EMPLOYMENT
Updated: 
Reference: 
2020_32_10_001
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Legal Descisions - Case Notes

CIR v Tower City Holdings Ltd
 
Description: The Commissioner applied for an order under s 241(4) of the Companies Act ('CA1993') placing the defendant company ('Tower') into liquidation on a number of grounds, including the company's inability to pay its debts, its failure to keep proper0 accounting records and breaches of various directors- duties. The defendant company unsuccessfully argued that the order should not be made.

Categories: ACCOUNTING RECORDS  DEBT  DIRECTOR  LIQUIDATION  LIQUIDATOR  RETENTION OF RECORDS 

Referenced Entities:
  • TOWER CITY HOLDINGS LTD
Updated: 
Reference: 
2020_32_10_002
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