Consultations listing

Ngāti Wakarara – Ngāti Hau Takutai Kaitiaki Trust has requested 2 temporary closures at: Tangoiro/Waihirere, and Motuoroi. Both areas are north of Gisborne. If granted, the closures would prohibit the take of finfish and shellfish (including crustaceans and rock lobster) for 2 years, under section 186A of the Fisheries Act 1996.

This interpretation statement considers the income tax treatment of amounts of money or property that New Zealand tax residents receive from a person overseas, including through inheritance. It addresses how to determine whether the person who transfers the money or property is a trustee of a trust and when the resident taxpayer has derived beneficiary income or a taxable distribution from a foreign trust. It updates and replaces IS 19/04: Distributions from foreign trusts. A fact sheet has also been included.

This draft operational statement explains the income tax treatment of amounts societies, clubs and other associations receive from members, other than amounts subject to a specific tax exemption such as for charities or sports clubs. It explains that the mutual association provisions override the mutuality principle for trading stock and services supplied to members. It also explains that subscriptions and levies will not be covered by the mutuality principle if the association is not able to distribute to members. Such amounts may be business income or income under ordinary concepts, depending on the circumstances. The statement will be prospective in application when finalised.

GST listed services rules: When is a supply of listed services made through an electronic marketplace? and GST listed services rules: How do the rules apply when there is a supply of listed services and other goods or services?

Consultation is now open on the Government’s annual review of auction settings and other regulations for the New Zealand Emissions Trading Scheme (NZ ETS).

The National Animal Welfare Advisory Committee (NAWAC) is consulting on proposed changes to how sheep and beef cattle are farmed in New Zealand.

This interpretation statement considers the application of s CD 22(6) and (7) of the Income Tax Act 2007 in relation to the factors to be taken into account in determining whether an off-market cancellation of shares is made in lieu of the payment of a dividend.

The proposal is to make Te Puaitaha Canyon the official name of a fully submerged canyon feature immediately west of Te Puaitaha / Breaksea Sound.