"The savings provision will apply to taxpayers who have already filed a tax return or received a
binding ruling from Inland Revenue on the basis that the payments were not taxable before today," says Mr Nash.
This extends the deadline for obtaining the replacement property from the end of the 201819 income year to the end of the 202324 income year; allow new racehorse investors to claim tax deductions if they purchase a standout yearling; grant overseas donee status to the New Zealand Memorial Museum Trust, Le Quesnoy, to raise awareness of New Zealands participation in and contribution to the First World War; clarify how Inland Revenue can collect, use and disclose taxpayer information; introduce a short process ruling where small businesses can more easily apply for a
binding ruling from Inland Revenue on any tax matter; set the annual tax rates for the 2018-19 tax year, which remain unchanged from previous tax years.
EUROPEAN COURT OF JUSTICE What it says: Should a dispute raise a question of interpretation of EU law, the arbitration panel refers the issue to the ECJ for a
binding ruling.
The message highlighted that the ICJ issued a
binding ruling to accept Qatar's request of taking provisional measures against the UAE after the latter took discriminatory measures against Qatari citizens in violation of the International Convention on the Elimination of All Forms of Racial Discrimination (CERD).
Carpio said that in international law, where there is no world policeman to enforce a legally
binding ruling, acceptance and implementation of the ruling by the losing state is 'obviously material.'
An arbitrator will hear the matter later this year and make a
binding ruling.
Through this facility, non-residents can obtain, in advance, a
binding ruling on the issues that could arise in determining their tax liabilities at a later stage.
Summary: Over a year after the activation of the National Committee for Combating Addiction and a
binding ruling by the Court of Cassation, some judges are still refusing to apply the drug law by allowing drug users to seek treatment in lieu of prosecution.
The legally
binding ruling was the beginning of the end of corporal punishment in state schools.
An end-user who is aware that Ribavirin is a "Drug" (or can look up the
binding ruling) would know that the disclaimer applies.
According to the council's non
binding ruling, employees earning less than LL1 million will be entitled for 30 percent increase provided that this increase do not exceed LL200,000 while those who make more than LL1 million will be entitled for 20 percent increase but condition that this will not exceed LL75,000.
In 1986, the two sides agreed to take the dispute to an international arbitration panel in Geneva for a
binding ruling.
