Tax Tribunal Cases
Case: M Ltd (taxpayer)
Issue: Whether penalty imposed for a false and misleading statement on a Customs declaration should be remitted in full rather than 90% as already has been done.
Answer: Yes
Case: M Ltd
Issue: Whether a stock advance (shareholder advance) repayable at call that does not evidence a binding obligation to repay the advance and that has not been repaid in the year of income is an allowable deduction?.
Answer: No
Case: T1 (taxpayer)
Issue: Whether a taxpayer is liable to deduct PAYE withholding tax on payments made to employees relating to employers contributions and interest derived as a consequence of the dissolution of the fund?
Answer: No
Case: T1 (taxpayer)
Issue:Whether a taxpayer is entitled to a deduction for depreciation expenses on a building rented for residential purposes?
Answer:Yes - As it was considered the taxpayer was carrying on a business of renting in the circumstances of the case.
Case: B (taxpayer) rehearing decision
B (taxpayer) Supreme Court decision
Issue: Whether a taxpayer is entitled to a deduction for depreciation expenses on a building rented for residential purposes?
Answer: Yes - As it was considered the taxpayer was carrying on a business of renting in the circumstances of the case
