DLA Piper Australia

Jock McCormack of DLA Piper Australia reports on the forthcoming revision of the country’s thin capitalisation rules, proposals for a new anti-avoidance rule, and the expansion of double tax treaties.

Eddie Ahn of DLA Piper Australia provides an update on the Minerva Financial Group v Federal Commissioner of Taxation case, which considered the application of Australia’s general anti-avoidance rules to a business restructure.

Adam Smith of DLA Piper Australia reports on the New South Wales Supreme Court’s ruling that three hydroelectric power stations constituted property outside the traditional categories used in determining the character of an interest.