Published on 20 Jun 13
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
The management of capital and optimisation of capital structures remains a key focus for companies. This paper explores recent developments surrounding the taxation treatment of various capital management initiatives, including:
- the decision in Mills and the implications for franked instruments
- the implications of the decision in Consolidated Media Holdings
- emerging issues under the debt/equity rules
- the status of the share buyback reforms.
Steven Guo is a Senior Associate in the Sydney office of Greenwoods & Herbert Smith Freehills. He joined the firm in 2016, having previously worked in an international accounting firm since 2012. Steven provides a wide range of tax advisory and tax compliance services to clients mainly in the real estate and funds management industry. Steven holds a Bachelor of Commerce and Bachelor of Laws (Honours) from the University of NSW. He is a member of Chartered Accountants Australia and New Zealand and admitted as a solicitor in NSW.
- Current at
14 July 2017
Simon is a Partner in the Financial Services Tax practice at EY, specialising in banking and capital markets. Simon has 18 years experience advising large corporates on a variety of tax issues, including capital management, capital raisings, mergers, acquisitions, disposals and the application of the tax consolidation regime. He has also advised extensively on the application of the taxation of financial arrangements rules.
- Current at
02 June 2015