Published on 01 Nov 09
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
This article discusses the practical application of Div 250 to leases of onshore and offshore real property with the aim of highlighting some of the numerous issues that can arise. The author has been involved with Div 250 from the early consultation stages and was part of the team at the Property Council of Australia that successfully lobbied for the real property short-term and low-value carve-outs.
Max is a Tax Partner with the Deloitte Real Estate Group specialising in corporate
and international tax. He has over 12 years of tax experience and works with a
number of large multinational diversified property groups, including stapled
entities, as well as construction companies, property developers, retirement
village operators and property funds. Max has a deep understanding of the
taxation of direct property investments and the establishment of real estate fund
structures for domestic and offshore investors and maintains strong relationships
with Deloitte global property tax specialists. He is a member of the Property
Council of Australia Income and International Tax Committee, having been
involved in lobbying on a number of key reform areas including tax preferred
entity financing, taxation of financial arrangements, foreign income attribution and
the managed investment trust regime. Current at 25 August 2011
Click here to expand/collapse more articles by Max PERSSON.