The Resource Alesco New Zealand Limited v CIR : concerns over the broad discretion in the application of the New Zealand GAAR

Alesco New Zealand Limited v CIR : concerns over the broad discretion in the application of the New Zealand GAAR

Label
Alesco New Zealand Limited v CIR : concerns over the broad discretion in the application of the New Zealand GAAR
Title
Alesco New Zealand Limited v CIR : concerns over the broad discretion in the application of the New Zealand GAAR
Creator
Subject
Language
eng
Summary
This recent decision of the New Zealand Court of Appeal in Alesco New Zealand Limited v CIR raises some important issues on the application of the New Zealand general anti-avoidance rule (GAAR). The case involved the use of a cross-border hybrid financial instrument (an optional convertible note), by the Australian parent company to fund its New Zealand subsidiary. This note focuses on a range of key issues, which confirm the fundamental approach of the New Zealand Supreme Court and highlights the concerns for taxpayers with respect to the application of the New Zealand GAAR
Citation source
In: British tax review. - London. - (2013),
http://library.link/vocab/creatorName
  • Elliffe, C
  • Keating, M
Geographic coverage
Pacific Islands
Language note
English
http://library.link/vocab/subjectName
  • GAAR
  • hybrid financial instrument
  • case law
  • tax avoidance
  • penalties
Label
Alesco New Zealand Limited v CIR : concerns over the broad discretion in the application of the New Zealand GAAR
Instantiates
Publication
Label
Alesco New Zealand Limited v CIR : concerns over the broad discretion in the application of the New Zealand GAAR
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
Processing Feedback ...