On 28 April, David Marschke, CTA, a Chartered Accountant and specialist tax law adviser at Mills Oakley’s Private Advisory Team in Brisbane will discuss restructuring opportunities at The Tax Institute’s WA Tax Intensive. We spoke to David about what to expect from his session.
‘A business structure that was put-in place to meet a prior commercial need in the past, may not be suitable for the client today,’ David remarked, ‘During my session and case-study workshop I'll be examining some of the options available to restructure a client’s affairs to achieve their current or future commercial objectives without triggering a capital gain, revenue gain or transfer duty liability’.
With his combined qualifications as a Chartered Accountant and admitted lawyer, David brings a unique focus to the workshop, as he is a specialist adviser to the private enterprise, SME and high-wealth individuals sector.
‘I work a lot with these types of clients on structuring and transactions with a focus on tax-effective outcomes, ensuring that we understand the potential application of the tax integrity measures, including Part IVA. Critically my philosophy is to ensure that what is done complements the clients objectives rather than dealing with tax in a vacuum’, David says.
With particular experience assisting taxpayers and their advisers in dispute matters including tax reviews, audits, complex tax negotiations and audits, David’s expertise means he is focused on the appropriately documenting a transaction to ensure any future review by the ATO he is able to be positively managed.
During his session, David will look at the use of CGT rollovers to “corporatize” a trust and also put a new holding company in place including the use of tax consolidations as necessary to achieve the desired commercial outcomes. It will also consider what are the opportunities and restrictions related to the use of the new small business restructure roll-overs. Finally it will consider the duty rules and what concessions are available for restructuring.
These issues and more will then be discussed in a case-study led workshop by facilitators from PKF Lawler including Leigh Dyson, FTI, Phil Golding, CTA, Malav Oza, CTA and Mark Radosevich, FTI.
The second annual WA Tax Intensive also features Ron Jorgensen, CTA, of Rigby CookeLawyers, looking at Managing Trust Deed Amendments and Prof. Graeme Cooper, CTA,The University of Sydney examining Part IVA, along with our Keynote Address, Disruptive Ethics, by Prof Derek Parkin OAM, University of Notre Dame Australia.
Join us at the Novotel Vines Swan Valley Resort, 28 - 29 April 2016. Find out more.