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Website. www .ird .govt .nz. Inland Revenue or Inland Revenue Department ( IRD; Māori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax .
The High Court of New Zealand decided in favor of Challenge Corp Ltd and its decision was "upheld by a majority of the Court of Appeal." This decision was then appealed by Commissioner of Inland Revenue to the Judicial Committee of the Privy Council. [2] [3] [4] [5]
Goods and Services Tax ( GST) is a value-added tax or consumption tax for goods and services consumed in New Zealand . GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [1]
Penny and Hooper case. Penny and Hooper ( [2011] NZSC 95) [1] was a landmark taxation case in New Zealand that reached the Supreme Court of New Zealand, which was a major victory for the Inland Revenue Department (IRD) on the issue of tax avoidance .
The Goods and Services Tax Act is an Act of Parliament passed in New Zealand in 1985. The Act established a consumption tax in New Zealand, originally set at 10%, but subsequently raised to 15%. GST is a tax of 15% on all goods, services and other items sold or consumed in New Zealand. Individuals become liable to pay GST when their annual ...
Website. regulation .govt .nz. The Ministry for Regulation is a New Zealand public service department that advises the New Zealand Government on policies and issues regarding regulation. The Ministry identifies rules and regulations that are superfluous, not working or could be improved, and prepares implementable policies to reform them.
This excludes the financial impact of the overseas property Harvey Norman owns for its stores. New Zealand was the only overseas market to recorded a rise in profit over the last financial year (from AU$49.75 million to AU$53.11 million), with operations in Slovenia and Croatia posting a small profit decline (from AU$3.02 million to AU$2.70 ...
On July 23, Patrick, 58, announced the launch of his 22-year-old daughter’s Los Angeles pâtissière, Talula’s Kitchen. “So proud and excited,” the actor captioned his Instagram post, in ...