Published on 12 Apr 11
by VICTORIAN DIVISION, THE TAX INSTITUTE
This paper covers:
what are PDA's
in what circumstances are PDA's typically used?
how do PDA structures typically look?
what commercial reasons drive the use of PDA's?
what revenue reasons drive the use of PDA's?
what are the downsides of using PDA's?
what vehicles typically appear in PDA structures and why?
what are the security issues in a PDA structure?
what are the key elements of the document?
is there flexibility around developer fee methodology?
is a management committee essential?
should there be a power of attorney?
Michael Taylor-Sands FTI
Michael is a Partner with Maddocks. He joined the Revenue Group of Maddocks in 2005 having previously been a Senior Associate at Baker & McKenzie. Michael has considerable experience in consulting on income tax and state tax issues to a wide range of corporate and non-corporate clients. He has advised large multi-national and Australian corporate groups in the manufacturing, property development/investment and gaming/casino industries. Current at 15 April 2011
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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