1. This is a notice made under section 91AAO(5) of the
Tax Administration Act 1994 of a determination made by the Commissioner of Inland Revenue under section 91AAO(1) of that Act.
2. Determination FDR 2013/01 was made on 27 March 2013 permitting certain portfolio investment entity funds managed by New Zealand Funds Management Limited to use the fair dividend rate method to calculate foreign investment fund income from Ospraie Commodity Fund Limited, for the 2012-2013 and subsequent income years.
3. The determination will appear in Inland Revenue’s
Tax Information Bulletin, Vol. 25, No. 4, of May 2013 and will also be available on the Inland Revenue website
www.ird.govt.nz
JOHN TREZISE, Investigations Manager, Investigations and Advice, Inland Revenue.