Greenwoods & Herbert Smith Freehills tax podcast

Taxation advisors night of nights was a bit of a letdown this year but there were still some items to think about. Breaking it down (or stretching it out) were Partners Toby Eggleston and Ryan Leslie and Professor Graeme Cooper.Want to go deeper?Budget papers

A recording of our recent 'Tax Bites' webinar, providing an update on all things Australian tax over the last 3 months, featuring Professor Graeme Cooper, Senior Associate Tristan Boyd and Partner Toby Eggleston.We delve into legislative developments, ATO publications and recent case law.We will be back later in March for the budget night special!

In this episode partner Jillian Gardner hosts a panel discussion on Environmental, Social, and Governance (ESG) issues. The topics covered include what is ESG, why it is increasing in importance at board and shareholder level and tax implications of ESG investments. Jill is joined by Alison Dodd of Herbert Smith Freehills, Hester Leung of My Specialised Accommodation Solutions, Leanne McDougall of Brookvale Energy and Craig Carmody of the Port of Newcastle.Want to go deeper?Greenwoods tax insights:Windfarm Assets – Chattel or Fixture?How does Tax Law support investment in hydrogen?

A little belated but this is episode is a recording of our inaugural Tax Bites webinar recorded in October 2021. Professor Graeme Cooper and partner Cameron Blackwood run through all the tax news fit to listen to relating to new legislation, ATO updates, Treasury announcements and cases. If you would like to attend our next Tax Bites webinar in early February please email Lara.Curtis@greenwoods.com.au 

In this episode, Senior Associate Rohan Corrigan and Partner Toby Eggleston discuss the ATO's practical compliance guide on imported hybrid mismatches.Want to go deeper?PCG 2021/5Greenwoods tax insight on the draft PCG Toby's book recommendationRabbits by Terry Miles

This episode is a recording of  a webinar hosted by the Corporate Taxpayers Association and Minerals Council of Australia to discuss the practical issues arising from the ATO's draft practical compliance guide on Intangible arrangements.The speakers were Chris Ferguson from the ATO, Kurt Burrows from Anglo American, our very own Greenwoods transfer pricing partner David Bond and litigation partner Hugh Paynter from Herbert Smith Freehills.Want to go deeper?Greenwoods briefing note on the PCGATO PCG 2021/D4

This week is a very special episode - a recording of a recent panel discussion we hosted to celebrate the 40th anniversary of the enactment of Part IVA, Australia's General Anti Avoidance Rule.The panel consisted of Professor Graeme Cooper, ATO Deputy Chief Tax Counsel Peter Walmsley and  Kristen Deards SC from Banco Chambers and was hosted by Greenwoods' partner, Andy Hirst.Want to go deeper?Graeme Cooper's paper on 40 years of Part IVA: here

This week partner Zoe Chung, senior associate Louise Van Wyk and Toby Eggleston discuss the latest stamp duty developments, including: the Victorian budget; NSW Property tax proposal; and making sense of the decisions in AWF Prop Co 2 Pty Ltd v Ararat Rural City Council and SPIC Pacific Hydro Pty Ltd v Chief Commissioner of State Revenue (No2)  Want to go deeper?Victorian stamp duty budget NSW Property Tax Greenwoods tax insight on AWF Prop Co 2 Pty Ltd v Ararat Rural City Council

Ryan Leslie and Toby Eggleston discuss the tax measures announced (or leaked prior to) the 2021 Federal budget handed down on Tuesday night. Apologies for the delay and audio quality!Want to go deeper? Read the Greenwoods Tax Brief

In this episode partner Toby Eggleston and consulting Professor Graeme Cooper discuss the recent Federal Court decision in Clough Limited v Commissioner of Taxation [2021] FCA 108. The case considered whether a company was entitled to a deduction for the cost of cancelling employee options in the context of a sale of the shares in the company under a scheme of arrangement. Want to go deeper?Greenwoods Tax Insight: https://www.greenwoods.com.au/insights-source/paying-out-employee-entitlements-a-black-hole-deduction-for-nowDecision: http://www.austlii.edu.au/cgi-bin/sign.cgi/au/cases/cth/FCA/2021/108

Welcome back for 2021! This week partners Toby Eggleston and Cameron Blackwood dissect the Board of Tax's report and suggested changes to CGT rollovers Want to go deeper?Board of Tax report: Greenwoods submission to Board of Tax

To wrap up 2020 we asked Chris Aboud (real estate), Rebecca Lawrence (indirect taxes), Cameron Blackwood (M&A), Tristan Boyd (energy and resources) and Ryan Leslie (infrastructure) for their views on the big issues in 2020 and predictions for 2021.Come for the tax insights, stay for the recommendations! Best wishes to all of our listeners and see you next year!Recommendations:Kahlil Gibran: The Prophet: https://www.penguin.com.au/books/the-prophet-popular-penguins-9780141194677Coronacast with Norman Swan: https://www.abc.net.au/radio/programs/coronacast/William Shakespeare: The Complete Works by William Shakespeare https://www.amazon.com.au/dp/B071JYNGZB/ref=cm_sw_r_tw_dp_x_zK76FbHNX2TYW Professor Jenny Hocking: The Palace Letters https://www.amazon.com.au/dp/1922310247/ref=cm_sw_r_tw_dp_x_IM76FbE6S97HVWayne on ABC iview: https://iview.abc.net.au/show/wayneMaria Konnikova: The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win https://www.amazon.com.au/dp/052552262X/ref=cm_sw_r_tw_dp_x_AO76FbS22JXWXInvest Like the Best: Nick Kokonas: https://investorfieldguide.com/nick-kokonas-know-what-you-are-selling-founders-field-guide-ep-8/Soul on Disney+: https://disneyplus.com/movies/soul/77zlWrb9vRYp?sharesource=iOS

This week transfer pricing partner David Bond joins Toby Eggleston to discuss the impact of the Full Federal Court decision in Commissioner of Taxation v Glencore Investments. They consider the principles that can be discerned from the various judgements and what lessons taxpayers can apply in managing their transfer pricing arrangements.Want to go deeper?Greenwood's Tax Insight: https://www.greenwoods.com.au/insights-source/glencore-transfer-pricing-appeal?rq=glencoreFull Federal Court judgement: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/full/2020/2020fcafc0187

This episode is a recording of a webinar hosted in conjunction with the Corporate Tax Association on the proposed changes to the corporate residency test announced in this year's budget. Joining partner Cameron Blackwood was Lynn Kelly, Acting CEO of the Board of Taxation and Paul Suppree, assistant director at the CTA.Download the slides: click here. Board of Tax report: https://taxboard.gov.au/consultation/corporate-tax-residency-review

This week Toby Eggleston and Professor Richard Vann discuss the OECD's recently released blueprints on Pillars One and Two.Greenwoods briefing note on the blueprints: https://www.greenwoods.com.au/insights-source/beps-20-blueprints-caught-between-two-stoolsIf you are interested in attending our webinar on BEPS 2.0, please contact Greenwoods & Herbert Smith Freehills Events 

Toby Eggleston and Ryan Leslie hit the high notes of the 2020 budget. More details here: https://www.greenwoods.com.au/insights-source/2020/10/6/x6k3ub82ockv5juqox3zhl923czxs1Webinar DetailsThursday, 8 October 20204:00pm - 5:00pmREGISTER HERE: https://us02web.zoom.us/webinar/register/WN_pFfs0BL8Qoe7urarGVZypwNote: registrations close Wednesday, 7 October 2020.

This week Toby Eggleston is joined by special guest, Alan Tsen, Chair of Fintech Australia to dissect the Australian Senate Select Committee's interim report on Financial and Regulatory TechnologyWant to go deeper?Alan's newsletter: https://fintechradar.substack.com/Select committee interim report: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Financial_Technology_and_Regulatory_Technology/FinancialRegulatoryTech/Interim_Report

This week Professor Graeme Cooper and Toby Eggleston discuss the possibilities of tax reform in the current environment.

Associate Director, Rebecca Lawrence and Partner, Toby Eggleston discuss the proposed latest extension to the JobKeeper program.Tax insights:https://www.greenwoods.com.au/insights-source/2020/8/21/increased-employee-eligibility-for-existing-jobkeeper-payments-what-you-need-to-do-nowhttps://www.greenwoods.com.au/insights-source/2020/8/13/jobkeeper-increased-employee-eligibility-and-minor-updates-to-jobkeeper-extension

This week partners Toby Eggleston and Cameron Blackwood discuss the ATO's recent Taxation Determination TD 2020/6 on the meaning of the term 'restructuring' for the purposes of the demerger provisions and what it means for demergers going forward.Want to go deeper?Greenwoods Tax Insight: https://www.greenwoods.com.au/insights-source/2020/7/23/demerger-relief-rules-ato-finalises-position-on-what-constitutes-a-restructuring?rq=restructuringATO Taxation Determination TD 2020/6: https://www.ato.gov.au/law/view/document?DocID=TXD/TD20206/NAT/ATO/00001

This week Toby Eggleston and consulting Professor Richard Vann discuss the latest developments in the BEPS 2.0 project following last week's OECD broadcast.Want to go deeper?Tax insight on BEPS and COVID-19 from June 2020: https://www.greenwoods.com.au/insights-source/bepsandcovidLast week's OECD presentation: https://www.oecd.org/tax/beps/tax-talks-webcasts.htm

This week Toby Eggleston, Ryan Leslie and Alistair Haskett get together virtually to analyse tax issues in public M&A arising from an analysis of ATO rulings, legislation and case law in 2019. Download our Australian Public M&A Tax Report here: https://www.greenwoods.com.au/insights-source/2020/5/20/australian-public-mampa-tax-report-2020

This week Associate Directors Liz Lester and Mary Hu join Toby Eggleston to discuss year end tax issues for corporates and investment trusts in a year unlike any other. For more details on the COVID-19 measures and impacts discussed please check the resources at our hub: https://www.greenwoods.com.au/covid-hub

This week Michael Anderson, Mary Hu and Toby Eggleston discuss recent cases focussed on the distinction between deductible and non-deductible expenditure. The cases analysed are Origin Energy Limited v FCT (No 2) [2020] FCA 409, FCT v Sharpcan Pty Ltd [2019] HCA 36 and Healius Ltd v FCT [2019] FCA 2011.Further reading:https://www.greenwoods.com.au/insights-source/2019/12/16/high-court-rules-on-the-treatment-of-statutory-licences?rq=Sharpcanhttps://www.greenwoods.com.au/insights-source/2019/09/16/property-in-practice-2019-gst-current-issues-stlbg-94haa

This is a recording of a webinar we recently hosted on the legal and tax issues on capital raisings in the current environment. Speakers are Richard Hendriks, Karen Vuong and Toby Eggleston of Greenwoods & Herbert Smith Freehills and Phil Hart, a partner in the equity capital markets group at Herbert Smith Freehills.Want to go deeper?If you would like a copy of the slides please email: Events.syd@greenwoods.com.au PIPE equity issuances raise critical tax considerations: https://www.greenwoods.com.au/insights-source/2020/4/2/pipe-equity-issuances-raise-critical-tax-considerationsCOVID-19: Employee equity compensation: https://www.greenwoods.com.au/insights-source/2020/4/15/covid-19-employee-equity-compensation

This week Partner David Bond and Associate Kristy-Lee Smith from our Perth office join Toby Eggleston to discuss all things transfer pricing in the current environment.For more details you can read our Tax Insight on this issue here: https://www.greenwoods.com.au/insights-source/2020/5/14/transferpricingandcovid

Partners Toby Eggleston and Daniel Sydes discuss the latest amendments to the JobKeeper package dealing with group service entities and the ATO's stance on artificial schemes to access the JobKeeper package.Greenwoods tax insight: https://www.greenwoods.com.au/insights-source/2020/5/5/amendementstojobkeeperJobKeeper Navigation App: https://hsf.neotalogic.com/a/jobkeeper7qogqc9p67f5Amending Legislation: https://www.legislation.gov.au/Details/F2020L00546/Html/TextExplanatory Statement: https://www.legislation.gov.au/Details/F2020L00546/Explanatory%20Statement/TextATO Practical Compliance Guide PCG 2020/4: https://www.ato.gov.au/law/view/document?docid=COG/PCG20204/NAT/ATO/00001

Daniel Sydes and Rebecca Lawrence provide an update on the JobKeeper package following announcements by the ATO and the Australian Treasurer.Greenwoods tax insight on group entity annoucement: https://www.greenwoods.com.au/insights-source/2020/4/29/jobkeeper-developments-for-group-employer-entitiesGreenwoods tax insight on alternative tests for decline in turnover test: https://www.greenwoods.com.au/insights-source/2020/4/24/tweaking-eligibility-for-jobkeeper-paymentGreenwoods JobKeeper Navigator App: https://hsf.neotalogic.com/a/jobkeeper7qogqc9p67f5

In this episode Toby Eggleston, Daniel Sydes and Rebecca Lawrence discuss the issues relating to the JobKeeper payment program. Visit our COVID-19 hub to stay up to date on key tax changes. Links:Greenwoods JobKeeper briefing paper: https://www.greenwoods.com.au/insights-source/2020/4/14/covid-19-jobkeeper-payment-a-clearer-picture-emergesGreenwoods COVID-19 hub: https://www.greenwoods.com.au/covid-hubBill and Explanatory Statement: https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6533ATO JobKeeper site: https://www.ato.gov.au/General/JobKeeper-Payment/

In this inaugural episode Toby Eggleston, Kristy-Lee Smith and Andrew Howe discuss the response by the Federal and State Governments' and Australian Tax Office to the impact of the COVID-19 economic fallout. We also delve into second order issues for corporate and institutional taxpayers to think about if the economic position worsens. Visit our COVID-19 hub to stay up to date on key tax changes.  Relevant links: Greenwoods COVID-19 hub: https://www.greenwoods.com.au/covid-hub