The High Court recently handed down its judgment in the Sharpcan litigation (FCT v Sharpcan Pty Ltd  HCA 36, reported at 2019 WTB 44 , a case that raises a well-trodden capital-or-revenue issue, but also touches on the untested ‘black-hole’ rules. The case highlights again the glaring omission of a regime for depreciating wasting intangible assets, and the difficult problems taxpayers can face trying to remedy that defect in our law.
Greenwoods_Sharpcan_article.pdf (394 kb)
At The Tax Institute's Property in Practice 2019 series held in Sydney, Greenwoods Senior Associate Rebecca Lawrence presented on GST Current Issues. The paper was co-authored by Andrew Howe, Director, and Helena Papapostolou, Associate.
Greenwoods & Herbert Smith Freehills - Property in Practice 2019 - GST Current Issues 12 Sep 2019.pdf (1203 kb)
At The Tax Institute's 52nd WA State Convention, Greenwoods Director Cameron Blackwood presented a paper discussing current issues in M&A demergers. The paper was co-authored by Cameron, fellow Director Richard Hendriks, and Senior Associate Michael Carroll.
TTI WA Convention 2019 - MA and demergers.pdf (243 kb)
Listen to Toby Eggleston, Director - Greenwoods and Sam Kings, Senior Associate - Herbert Smith Freehills, discuss recent developments in demergers and what they might mean for the future.
There have been significant recent changes in the global tax landscape as highlighted in the OECD annual report on global tax policy reforms published on 5 September 2018. The report noted the impact of major tax reform in a number of countries, notable in the United States, Argentina and France.
The Inward Investment and International Taxation Review - Ninth Edition.pdf (314 kb)
Consultant Richard Vann presented on FCT v BHP Billiton Limited  FCAFC 4 and Directors Andrew Hirst and Julian Pinson presented on the hybrid mismatch rules, with a focus on examples affecting banks.
Presentation - (ADH) Banking Tax Update Seminar on 28 February 2019.pdf (166 kb)