The table below lists interpretation guidelines and interpretation statements issued 2005 alphabetically by title.
This statement provides an interpretative explanation of the shortfall penalty imposed by the Commissioner under section 141D of the Act on taxpayers who take an abusive tax position.Date of issue: December 2005
This Interpretation Statement sets out the Commissioner's view on shortfall penalties imposed under section 141B of the Tax Administration Act 1994 ("the TAA") for an "unacceptable interpretation" of a tax law in relation to a tax position taken by a taxpayer (applicable before 1 April 2003) and an "unacceptable tax position" taken by a taxpayer on or after 1 April 2003.Date of issue: October 2005
This interpretation statement considers whether an amalgamated company is entitled to rely on a private, product, or status ruling which was issued to an amalgamating company prior to the amalgamation.Date of issue: June 2005
This statement provides a detailed interpretative explanation of the shortfall penalty imposed by the Commissioner under section 141A of the Act on taxpayers who do not take reasonable care in carrying out their tax obligations.Date of issue: October 2005
This item was originally issued as an exposure draft for public consultation in 2000. A revised exposure draft was issued for public consultation in November 2002, and a further revised draft was issued for public consultation in May 2004. Since the publication of the most recent exposure draft, the Income Tax Act 2004 has been enactedDate of issue: January 2005