Case Notes 2017

The following are notes on topical tax and trusts cases decided or reported during 2017. Click on the underlined title to view the note.

YL Investment Lmited v Ling (2017) 28 NZTC 23-026 - Summary judgement for vendor's breach of warranty as to GST status. 

Butterfield v Public Trust (2017) 4 NZTR 27,015 - Who is entitled to indemnity from a trust fund?

Vitasovich v CIR (2017) 28 NZTC 4,005 - Was delay exceptional enough? 

Lin v CIR [2017] NZHC 969 - Chinese tax sparing credits available to CFC shareholder.

Queenstown Airport Corporation Limited v CIR [2017] NZCA 20 - No Runway Runaway: Depreciation denied.

Singh v CIR (2016) 27 NZTC 22,082 - Financial Hardship Does Not Automatically Get Tax Relief.

Great North Motor Company Limited (In Receivership) v CIR (2016) 27 NZTC 22,079 - Effect of Company Reinstatement on Statutory Time Bar.

CIR v Musuku (2016) 27 NZTC 22,078 - Parallel Proceedings Unlikely to Stay Bankruptcy.

MJ Pidgeon Builder Limited (in liquidation) v Pidgeon [2016] NZHC 1566; Kiwi Best Realty Limited (in liquidation) v Kashkari [2016] NZHC 2738. - Directors liable to contribute to their companies' tax debts but IRD delay can reduce contribution