Showing 1 - 2 of 2
Section 156 of the Income Tax Act 1976 provides for incentives, calculated according to the increase in exports achieved by a taxpayer beyond exports of that taxpayer in a certain base period. In AGH Finance Ltd v Commissioner of Inland Revenue (1982) 5 NZTC 61,189 the taxpayer had acquired an...
Persistent link: https://www.econbiz.de/10014196995
Section 156 of the Income Tax Act 1976 permits exporters to make certain deductions when calculating their assessable income. In order to qualify for an export incentive deduction the court in Preece v Commissioner of Inland Revenue (1981) 4 TRNZ 379 held that the applicant must be the owner of...
Persistent link: https://www.econbiz.de/10014197547