Trustees of the Simkin Trust v Commissioner of Inland Revenue - [2003] 2 NZLR 315

Revenue — Income tax — Deductions — Depreciation of trade marks — Taxpayer licensing use of trade marks — Sale to licensee after seven years — Whether depreciable intangible property — Whether taxpayer had right to use trade marks — Income Tax Act 1994, s EG1 and Sch 17.