Taxation & Revenue

The Madgwicks Taxation & Revenue team has a depth of practical experience in all aspects of taxation and revenue law and bring a commercial solution approach to all matters they advise on.

At Madgwicks we value the long term relationship with the client and therefore, look at how our taxation advice fits into the big picture too.

Madgwicks Partner, Dennis Tomaras and Partner, Michael Norbury both key members of the Madgwicks Taxation & Revenue team bring over 20 years worth of commercial experience to Madgwicks clients on taxation and revenue law matters.

The services we provide in the Taxation & Revenue area include:

• income tax;
• business structuring;
• GST;
• stamp duty;
• payroll tax;
• land tax;
• dispute resolution;
• trusts; and
• international tax.

Our experience in the Taxation & Revenue area includes:

• Unraveling an Employee Benefit Trust, including 59 Federal Court appeals, with the result being that the Commissioner was unsuccessful in his claim;
• Tax effective restructure in relation to the preparation of a $40m business for sale;
• Successful applications for stamp duty exemption;
• Appeals in relation to luxury car tax;
• Providing detailed advice on aspects of the Capital Gains Tax rules to a large public company;
• On-going management and advice of a complex ATO audit of public and privately owned businesses;
• Providing a taxation management policy for a large business;
• Managing a complex payroll tax dispute to a successful conclusion;
• Providing advice for a privately owned Australian business heading into China and India;
• Review of the availability of taxation losses for a corporate group; and
• Structuring advice for the upcoming sale of a privately owned business (including a high level due diligence of the group from a taxation and revenue law perspective).

The Madgwicks Taxation and Revenue law team can add value to your business for the following reasons:

• Almost all business transactions now have significant taxation implications too. We can advise you on the taxation issues and reasonable planning opportunities beforehand;
• The ATO and the various state tax authorities are currently aggressively seeking to collect more money from the Australian business community. We can assist both in staying 'off the radar' or if discussions have started with a tax authority, we bring practical experience in positively managing the discussions with the authority;
• As a flow-on from the previous point, we also have strong relationships with various key people in the ATO and various state tax authorities;
• Unlike accounting firms, provided certain guidelines are followed, our advice is subject to legal professional privilege;
• The sheer complexity of Australian taxation and revenue law is such that businesses can inadvertently trigger an adverse taxation liability even when they are not seeking to do any 'tax planning'. Again, we can ensure that such problems are avoided;
• We can bring a sheer depth of experience to most commercial transactions or areas of revenue law; and
• You will be dealing direct with Madgwicks Taxation & Revenue Law Partners.