Published on 07 Apr 06
by NATIONAL EVENTS, TAXATION INSTITUTE OF AUSTRALIA
The government has been grappling with a new regime to regulate the allowance of deductions where government bodies, other tax exempts and non-residents lease assets from private owners, are involved in certain financing transactions or where there is the private provision of public infrastructure. This session looks at where they are up to, including:
How we got to the current position
Some of the difficulties in applying the current legislation
The new rules - how they should work
Effective dates and the transition from s51AD & Div 16D to the new rules
Michael is presently engaged as a Consultant with Macquarie Bank. Prior to that Michael was also a Consultant with Goldman Sachs and for 15 years a Tax Partner with the law firm Mallesons Stephen Jaques. During his time at Mallesons, Michael served variously in the capacity as both head of the tax expert group in Sydney and as Partner in Charge of the Sydney office. During nearly all of his professional life Michael has specialised in the taxation aspects of financing and corporate mergers and acquisitions. In this capacity Michael has been advising on the privatisation of Government assets and the private provision of infrastructure since the very earliest days of such arrangements. Current at 14 November 2005
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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