10 Jun 2014
SOVEREIGN ASSURANCE COMPANY LIMITED v COMMISSIONER OF INLAND REVENUE [2014] NZSC 68
- Citation
- [2014] NZSC 68
- Court
- Supreme Court
Leave to appeal was dismissed because the questions raised were primarily applications of established principles to the facts (including factual findings that the arrangements were properly treated under the accruals regime and that the commissions were not income), and there was no sufficient legal point of general or public importance or miscarriage of justice to justify a further appeal; the accruals regime governs the treatment of the financial arrangements at issue.