Managing tax risks for your client, the Australian resident

Australia is a destination of choice for globally mobile high-wealth individuals and family groups. The lure of Australia’s pristine beaches, vibrant cities and stable economy is irresistible to many. However, the Australian taxation system is riddled with complexities and risks. These complexities and risks only compound when there are multi-jurisdictional assets, entities and family members.

This webinar is specifically tailored for our offshore colleagues, in particular legal and accounting advisors and trustees. Frank Hinoporos, Partner and Head of Tax, discusses the key risk management issues that arise when navigating the complexities of the Australian tax system for your client, the Australian resident.

The webinar covers:

• the current tax compliance landscape in Australia and sources of tax risk;
• tax residency for individuals, companies and trusts;
• transfers of wealth from offshore structures to Australia;
• transfers of wealth from Australian structures offshore;
• strategies to actively manage and mitigate tax risk for clients and achieve compliance.

The webinar also addresses some of the ‘hot topics’ in Australian tax – including sections 99B and 100A of the Income Tax Assessment Act 1936 and recent legislative and case law developments.