Published on 01 Apr 11
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Mills considers whether Part IVA applies to the issue of stapled securities by the Commonwealth Bank. The securities were issued to Australian resident shareholders. Distributions in respect of the securities were sourced in and deductible in New Zealand, but provided the Australian resident shareholder with an imputation benefit upon receipt of the distribution.
Michael Norbury CTA
Michael has over 25 years experience in the areas of commercial law, revenue law (income tax, state taxes, GST, international tax), and estate planning.
As an accomplished practitioner in the commercial area, Michael advises clients on an array of matters relating to taxation and revenue and general commercial issues in industries, including retail, energy, manufacturing and telecommunications.
Michael is a member of The Tax Institute's Victorian State Taxes Subcommittee.
After more than 10 years at Madgwicks, Michael has recently established his own practice.
Current at 01 January 2016
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