If you operate in more than one Australian state or territory, or have an offshore business with assets or operations in Australia, you will have to navigate the many complexities of the state and territory tax regimes. Addressing state taxes is particularly important when acquiring or disposing of assets, undergoing internal restructures, or raising debt or equity. Any of these activities requires reviewing internal systems to check the correct amount of tax or duty is being paid. This becomes even more challenging if you are facing an investigation by, or dispute with, the state or territory revenue authorities.
With in-depth knowledge of the relevant legislation, legislative developments and judicial interpretations, as well as practical experience dealing with the revenue authorities in each jurisdiction, our state taxes team works with you to:
Achieve stamp duty savings you may be entitled to by structuring transactions effectively
Comply with state tax payment schedules and lodgement dates through automated and integrated systems
Deal effectively with investigations or disputes, including negotiating private rulings, obtaining available exemptions and making representations on legislative and administrative matters and practical application of the legislation