18 Mar 2020
Y&P NZ LIMITED v YANG WANG AND CHEN ZHANG [2020] NZSC 21
- Citation
- [2020] NZSC 21
- Court
- Supreme Court
Leave to appeal was refused because the issues were fact-specific, of limited public or commercial importance and had low prospects of success given that Inland Revenue retrospectively deemed the purchasers GST-registered and the GST treatment is governed by statute at the time of settlement; as a result, the vendor's case could not overcome the statutory and factual obstacles and leave was not justified.