Tax Update – “Permanent Place of Abode”

The Court of Appeal recently dismissed an appeal brought by the Commissioner of Inland Revenue (CIR) in CIR v Diamond [2015] NZCA 613.  At the heart of the case was the issue of the meaning of “Permanent Place of Abode” (PPOA).  Section YD 1 of the Income Tax Act 2007 states that a person is [...]