1. This is a notice of a public ruling made under section
91D of the Tax Administration Act 1994.
2. Public ruling No. 00/05 entitled "Associated persons
test - timing in relation to gross income derived from the sale or other disposition of land" will appear in Inland Revenue's Tax Information Bulletin, Vol. 12, No. 7, of July 2000.
3. A copy of the ruling may be obtained by writing to the Assistant General Manager (Adjudication & Rulings), National Office, Inland Revenue, P.O. Box 2198, Wellington.
MARTIN SMITH, General Manager (Adjudication