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 2015/03 was made on 18 September 2015 permitting an investor to use the fair dividend rate method to calculate foreign investment fund income from the GMO Systematic Global Macro Trust for the 2016–2017 and subsequent income years.
3. The determination will appear in Inland Revenue’s Tax Information Bulletin, Vol. 27, No. 9, of October 2015, and will also be available on the Inland Revenue website
   

   www.ird.govt.nz

GRAHAM POPPELWELL, Investigations Manager, Investigations and Advice, Inland Revenue.