NSW Tax Forum speaker profile: Zubair Bangash

Zubair’s work experience spans approximately 21 years. 17 years have been in the area of taxation advisory and tax compliance with two prominent tax practices in Sydney, Australia.  His tax experience ranges from corporate taxation for large to medium sized corporate client in various industries, to taxation of trusts, to some advisory associated with partnerships and individuals.  He also has extensive tax experience with international clients, particularly in-bound work and cross-border tax issues.

Zubair’s is a Director at TMF Group and will celebrate 5 years with the company at the end of 2015.  TMF Group in Australia assists in bound multinational companies in meeting all of their required compliance and regulatory obligations.

He has been affiliated with The Tax Institute for over 10 years and approximately 8 years as a committee member with The Tax Institute’s Morning Tax Club.

What does the NSW Tax Forum mean to you, and more broadly, to the tax industry?

It is one of the premier tax education events of the calendar year.  The forum covers current topics relating to all taxation matters and as such allows tax practitioners to be up-to-date on these matters.  In this regard the forum can also shape the current thinking on these relevant topics.

What is the topic that you are presenting and what can attendees expect to learn from the session?

I will be discussing residency.

The session will cover the current case law, spanning the last four years in relation to residency for all types of taxpayers and in particular individuals and company taxpayers.  In that period there have been a number of cases that would be of interest to tax practitioners.  The session will also cover double tax treaties and residency.

What new or hot topics will you cover?

The session covers recent cases on residency and in doing so will highlight the current state of play in relation to how the decisions in relation to residency came to pass.  In doing so, the session also covers the matter of residency in its entirety and for all types of taxpayers as well as the impact of the double tax treaties.  Finally, the session will cover attribution issues for change of residency as well as the recent change to the law regarding application of the 50% CGT discount for non-residents.

How will attending your session help delegates help their clients?

This session will help delegates understand the current factors the courts consider in relation to determining residency. For individual taxpayers, all of these cases were heard in the AAT and the outcomes were varied even in situations that were quite similar.  Of the few cases regarding residency and companies, one in particular would be of interest to delegates that work with or for corporate taxpayers.  Specifically, in relation to overseas Australian controlled foreign companies.

Which other sessions at the conference are you most interested in attending?

The Part IVA session and Capital Management Issues are of interest.

What do you like to do when you’re not knee-deep in tax?

My wife and I have 3 sons ranging from the ages of 7 to 16.  They keep us pretty busy, in particular the weekends as they are mad about their soccer (football). On Friday evenings, I always look forward to a game of squash. I find 6 – 8 games on a Friday evening is fantastic exercise and a great way to finish each week. 

Join us in Sydney for The Tax Institute's NSW 8th Annual Tax ForumWith an expert team of leading tax professionals shaping the content and a growing list of delegates who are amongst the best and brightest in the tax profession, the National Convention is undoubtedly the premier taxation conference in Australia.

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