Tax planning and transaction support

A holistic approach to tax planning and transaction support

With any significant transaction involving an acquisition, disposal or merger, it's important that companies plan for and manage the tax risks to avoid unpleasant surprises. Even more so in respect of cross-border transactions where the tax risks are not limited to a single jurisdiction.

At RSM, we take a proactive approach to transaction support, starting with proper tax planning and a rigorous review of the relevant tax issues. In the end, your company wants to enhance its value from the transaction - a view that we share.

Our commercial focus together with our international network of tax professionals can provide efficient tax planning and transaction support services, from the planning stage to completion.

Our tax planning and transaction support services include:A holistic approach to tax planning and transaction support

  • transaction structuring to maximise tax efficiencies including cross-border structuring
  • pre-acquisition tax due diligence reviews to identify potential tax exposures
  • vendor tax due diligence to prepare a company or business for disposal
  • identification of tax issues to be addressed in transaction documents such as tax warranties and liaising with lawyers
  • advice on financing the transaction to manage the debt/equity mix and optimise cashflow

Budget falters on R&D tax (and how this impacts startups)

It’s the third budget handed down by Treasurer Scott Morrison and for those of us in the innovation space, a whole lot to digest. After poring over the detail, I’ve created a summary of notable items for your reading pleasure (disclaimer: it’s not all pleasant).

Are you missing out on tax incentives?

If you’re the owner of a company that, unbeknown to you, conducts research and development (R&D) which could qualify for tax incentives – to the tune of 45 cents for every dollar spent – now’s the time to explore how much tax money you might be leaving on the table.

Is the ATO watching you and you don’t even know it?

The ATO is always keen to ensure that the tax system is fair and that all Australian taxpayers are paying the right amount of tax on their income.

Government Crackdown on Rental Property Deductions

The Government announced in the 2017 Federal Budget that it would be making changes to the legislation regarding Rental Property Deductions under the guise of “reducing pressure on housing affordability”.

Australia’s Diverted Profits Tax now a reality

The Bill introducing Australia’s version of the Diverted Profits Tax (DPT) completed its passage through the Parliamentary process on Monday, 27 March 2017, and now awaits Royal Assent before becoming law.

Deductions for Mining & Petroleum Exploration Expenditure

The Australian Taxation Office (“ATO”) have recently issued Taxation Ruling TR 2017/1 to provide guidance on the application of both section 8-1 and section 40-730 of the Income Tax Assessment Act 1997 (“ITAA1997”). 

Tax planning 2016

As it is coming close to the end of the financial year, it is again time to review your tax position and consider your end of year tax planning options.

Budget 2016 - Corporate Tax Rates

Income Year Annual Aggregated Turnover Thresholds Rate 2016/17

Budget 2016 for International Businesses

Key announcements The Government has announced it will strengthen the anti-avoidance measures for multinationals recently legislated and previously announced in the 2015/16 Federal Budget by introducing the following additional measures:

Budget 2016 for Corporations

Cuts to Company Tax Rate The company tax rate will be reduced to 25% over the next 10 years. The company tax rate will be progressively reduced to 25% between the 2016/17 and 2026/27 income years.

Company taxpayers: are you ready for the public disclosure of your tax data?

Since tax was first collected, a fundamental feature of tax law has been the unconditional secrecy surrounding taxpayer data. In Australia that position changed in June 2013 when Australia’s tax secrecy laws were amended, directing the ATO to publicly report certain large company tax data.

Pages