A University medallist in law from Sydney University and a Masters graduate from The University of London, Richard has over 40 years’ experience in the areas of taxation, corporate and commercial law.
He has advised Australian & foreign companies throughout his professional career. He has advised multinational companies in negotiations for Advance Pricing Agreements, he has advised on preparations for Senate Committee hearings and he has acted on transfer pricing reviews and audits. He has particular experience in corporate structuring, cross border investment, mergers and acquisitions and property trust structures. Richard has also advised on a wide variety of capital raisings by groups in the tourism industry, banking industry, retail and manufacturing.
Leading on the entry into the Advance Pricing Agreements for all business units operating in Australia.
Conducted successful litigation that the Australian Taxation Office had wrongly exercised discretion regarding share option elections.
Managed some of the most complex and wide ranging taxation audits conducted by the Australian Taxation Office, including Wickenby related audits.
Created and acts for a number of public and private charitable foundations and sits on the board of directors of a number of funds.
Engaged by a listed Canadian company to negotiate a unilateral Advance Pricing Agreement (APA) with the tax office.
Successfully negotiated product and private binding rulings for:
financial products, film products;
confirmation of carry forward losses;
residency status for companies and individuals;
capital gains tax issues;
taxation consequences of a wide variety of commercial transactions.
Advised on preparation for Advance Pricing Agreements and for appearances at Senate Committee Hearings, and advised on transfer pricing reviews and audits of multinational companies.
Advising on structure of Australia-wide franchise arrangements.
Acted on successful payroll tax appeal for Pepsico.
Advised on payroll tax audits for Australia-wide operations of Australian corporations, and corporate restructures by Australian and international corporations.
Advised this group and its European headquarters in relation to restructuring proposals.
Provided advice in relation to restructuring proposals.
Advised on cancellation of international shareholder earn out proposals.
Provided advice on the potential implications of the Resources Super Profits Tax.
Advised on tax consequences on a range of intellectual property agreements including availability of depreciation of such intangible assets.
Acted on all matters in the operation of a diversified listed tourism group which merged with a listed hotel owning group, including structuring and disposals of significant property projects.
Advised on the restructuring and proposed public listing of an Asian-owned hotel group.
Advised on restructuring and preparation for public listing of major corporations.
Advised on a wide range of major hotel property acquisitions as well as business and asset purchases and disposals.
Advised on structures for and ongoing operation of international resources funds.
Advised “incubator” entities in relation to start-up ventures.
Advised foreign hedge funds on proposals to create funds to invest in Australia.
Breaking news: NSW lifts extra charges to stamp duty and land tax in respect of testamentary trusts with potential non-resident beneficiaries, provided they are created under Wills or Codicils...