about
Paul has over 40 years’ experience. He has worked with international law and accounting advisory firms and in commerce as the Global Head of Tax for AMP. This has given him a well-rounded commercial and transactional experience, allowing him to provide practical, commercial advice and solutions to his clients.
EXPERIENCE
- Tax Audits –assisted a number of clients facing substantial tax liabilities and developed responses to convince the revenue to materially reduce the potential liabilities.
- M&A - with extensive mergers and acquisitions experience, Paul is at the cutting-edge of the structuring, negotiation and documentation of complex transactions. He has conducted revenue due diligence on many transactions.
- Property - advised on office, commercial and residential property transactions, including sales and acquisitions, development projects, including fund through structures and complex sub-divisions.
For example, Paul has advised in respect of the suitable structure for one client to acquire and develop 8 office buildings in capital cities across Australia; he has also advised the student accommodation industry extensively on property structuring and associated MIT issues. - International acquisition of assets - worked with international buyers and sellers of Australian assets, including property and other assets. Apart from the availability of the MIT concession for widely held deals, implemented alternative solutions involving debt, Performance Linked Notes and performance linked swaps as a means of international investment in Australia. The use of such tools can have benefits for income tax, withholding tax and FIRB.
- Stamp Duty - acted for client in finding a satisfactory solution to avoid the potential double stamp duty payable as a result of the issue of options and other rights to acquire property.
- Cryptocurrency - advised a client in establishing the first and only tokenised compliance market carbon credits using blockchain; advised in respect of a decentralised lending protocol that enables tokenholders to maximise liquidity without needing to sell their tokens or pay interest.
- Discretionary Mutual insurance companies –worked with several clients to gain both tax and commercial efficiencies through the formation of discretionary mutual insurance companies to manage certain risks in-house. These structures have ranged from domestic to international mutual structures.
- Research and Development concession - advised on the research and development concession as it applied to mining assets. These concessions, however, can apply more broadly.
