Published on 25 May 07
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
This paper is aimed at giving non listed corporate groups who are expanding offshore an awareness of the tax implications of adopting various structures.
We will consider:
- What are the key tax considerations when deciding as to whether you use branch v corporate?
- What is the significant difference between a corporate entity and a non corporate entity (e.g. a trust) going overseas?
- What is the difference where you have an overseas investment structured as a trust?
- How does funding the outbound investment impact the tax leakage arising when you expand overseas?
Les Szekely BA LLM FTIA first worked as a solicitor and then taught commercial and revenue law at the
University of NSW and then at Sydney University. Les joined Horwath in 1984 as a Senior Tax Manager
and became a Tax Partner in 1987. Following the recent merger between Horwath and Deloitte, Les
became Director of Taxation, Deloitte Growth Solutions. For nearly 20 years his professional career has
been dedicated entirely to tax consulting for cross border transactions, business reorganisations,
mergers and acquisitions. Les has been extensively published in CCH, Rydges, IBFD and Information
Australia on both domestic and international issues.
Current at 5 February 2009 Current at 05 February 2009
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