Dandelion Investments Ltd v Commissioner of Inland Revenue - [2003] 1 NZLR 600

Revenue — Income tax — General anti-avoidance rule — Whether Commissioner bound to apply rule in accordance with published policy statement — Whether potential liability for tax on funds on part of other participants meant scheme not an avoidance scheme — Income Tax Act 1976, s 99.

Judicial review — Legitimate expectation — Policy statement on application of general anti-avoidance rule — Whether Commissioner bound by policy statement in exercising statutory duties — Income Tax Act 1976, s 99.