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  NZHC 969 - Chinese tax sparing credits available to CFC shareholder.
Queenstown Airport Corporation Limited v CIR  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  NZHC 1566; Kiwi Best Realty Limited (in liquidation) v Kashkari  NZHC 2738. - Directors liable to contribute to their companies' tax debts but IRD delay can reduce contribution