Our tax team operates nationally, with a dedicated team of specialist tax lawyers possessing a depth of experience in all direct and indirect taxes.
We have a strong focus on transactional work, including mergers and acquisitions (M&A), tax due diligence, cross-border investment (inbound and outbound), private equity investment, funds establishment and management, major projects and infrastructure, capital markets and finance, property development and real estate, and corporate restructures. We work closely with our other practice groups (e.g. M&A/Corporate, Banking and Finance and Real Estate) to deliver seamless, timely, commercial and efficient outcomes.
We combine exceptional knowledge of Australia’s tax regime with international best practice and experience. Our strong track record has led to our involvement in broader tax policy discussions through representation on industry bodies and government consultations, providing us with invaluable insight into the policy direction that can influence transactions.
We also regularly provide strategic advice to clients who are navigating audits and inquiries from revenue authorities.
Our tax team is connected globally and covers cross-border tax issues through Corrs being the Australian member of Taxand, the world’s largest independent tax organisation (see www.taxand.com). We can and do call on the assistance of specialist tax advisory firms in over 50 countries to ensure any of our clients' cross-border tax issues are addressed.
They provide fantastic customer service and they're on point in terms of understanding the brief and assisting us in articulating the real issue to be assessed. Their advice is always thorough and returned in a timely manner.
Advised Silver Lake Partners, on the Australian tax aspects of the acquisition of TEG from Affinity Equity Partners. Silver Lake is a technology investor with more than US$43 billion in assets under management and TEG is best known in Australia as the owner of Ticketek, but it also owns brands including Eventopia, Softix, and TEG Live and is the current owner of Qudos Bank Arena in Sydney.
Advised a consortium comprised of QIC, Chinese investment fund Pagoda and Goldman Sachs’ private equity arm on various tax issues associated with its successful bid to acquire a majority stake in the Icon Cancer Care Group which operates a vertically integrated cancer care business in Australia and Singapore.
Advised on tax aspects of the Gold Coast Rapid Transit project (PPP), including the tax risks associated with private sector bid structures, GST, council rates and land tax issues on land tenure proposals and particularly GST risk associated with the private sector’s securitised structure (Stages 1 and 2).
Corrs regularly advises on Australian taxation issues faced by fund clients, including income tax (including managed investment trusts, attribution managed investment trusts the taxation of trusts generally and public trading trusts, double taxation agreements and withholding tax), GST, stamp duty.