Commissioner of Inland Revenue v Atlas Copco (NZ) Ltd - [1991] 2 NZLR 732

Revenue — Income tax — Fringe benefit tax — Calculation of tax — Meaning of "cost price" — Whether "cost price" includes goods and services tax paid but recoverable by employer — Income Tax Act 1976, ss 336S and 336O and tenth schedule — Goods and Services Tax Act 1985, ss 2, 8(1), 10(2), 23 and 24.

Evidence — Admissibility — Expert witness — Expression used in statute — Expert giving evidence of meaning of expression in a business context — Ultimate question of interpretation for Court — Whether such evidence admissible.