β¨ Financial Statements
28 AUGUST
THE NEW ZEALAND GAZETTE
4131
NOTES TO THE ACCOUNTS
1. Income Tax
Details of income tax are as follows:
| 1987 | 1986 | |
|---|---|---|
| $(000) | $(000) | |
| Company | (38,736) | (20,407) |
| Fringe benefit tax | 45,199 | 36,776 |
| Individuals | 1,886,091 | 2,029,055 |
| Miscellaneous | 40,987 | 31,140 |
| Total | $1,933,541 | $2,076,564 |
Income tax is net of refunds.
Refunds to exporters in terms of the Income Tax Act 1976 were $55,163,568 for the three months ended 30 June 1987 and $48,054,955 for the corresponding period in 1986.
2. Other Direct Taxation
Details of other direct taxation are as follows:
| 1987 | 1986 | |
|---|---|---|
| Estate and gift duty | 10,371 | 6,220 |
| Land tax | 1,325 | 1,020 |
| Total | $11,696 | $7,240 |
3. Other Indirect Taxation
Details of other indirect taxation are as follows:
| 1987 | 1986 | |
|---|---|---|
| Domestic air travel tax | 5 | 5,136 |
| Energy resources levy | 13,444 | 21,729 |
| Gaming duties | ... | ... |
| Totalisator | 12,797 | 18,241 |
| Lottery | 1,292 | 2,700 |
| International departure tax | 14,089 | 4,282 |
| Instrument duty | (2) | ... |
| Stamp duty | 50,324 | 36,074 |
| Cheque duty | 4,377 | 4,365 |
| Motor spirits tax | 54,701 | 50,939 |
| less refunds | (29) | (516) |
| Motor vehicles, fees and charges | 13,660 | 8,239 |
| Payroll tax | ... | 98 |
| Total | $95,868 | $151,287 |
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VUW Te Waharoa —
NZ Gazette 1987, No 146
NZLII —
NZ Gazette 1987, No 146
β¨ LLM interpretation of page content
π°
Transactions in Connection with the Public Debt for the Three Months Ended 30 June 1987
(continued from previous page)
π° Finance & RevenuePublic Debt, Loans, Transactions, Financial Summary
π° Income Tax Details for 1987 and 1986
π° Finance & RevenueIncome Tax, Refunds, Exporters, Financial Data
π° Other Direct Taxation Details for 1987 and 1986
π° Finance & RevenueEstate Duty, Gift Duty, Land Tax, Financial Data
π° Other Indirect Taxation Details for 1987 and 1986
π° Finance & RevenueDomestic Air Travel Tax, Energy Resources Levy, Gaming Duties, Financial Data