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  • Get your tax position right up front on your commercial deal or restructure

    Talk to us early (pre-deal or post deal) about your commercial deal or restructure. We will work with you to get your tax position right before you lodge your tax return. By doing so, you can avoid potential tax disputes that can occur after lodgment as well as penalties and interest if amendments are needed to correct reporting.

    Commercial deals

    A commercial deal is any significant business transaction that may affect the structure of your business. Some examples of this may include sales of business or business assets, restructures and sales of commercial property.

    You can use our early engagement service to receive practical certainty about these significant events while they are being planned, or before lodgment. We will work with you directly to gain a clear understanding of your circumstances and address any issues with you as soon as possible.

    We can:

    • help resolve tax technical issues relating to the deal
    • work towards agreement on the tax position you intend to take
    • help you meet your tax obligations and avoid a review or audit of the transaction.

    Pre-deal

    We will look over your proposed deal and discuss the tax implications of the proposed transaction. If we reach agreement on your intended tax position, and you lodge accordingly, we won't need to review or audit how you report on the transaction.

    Pre-lodgment

    If you have already completed a deal, we will work with you to come to an agreed position as to how and when the transaction will be reported for tax purposes before you lodge. We may need to contact you after lodgment to confirm that you reported as agreed. If you apply the agreed position, we won’t need to review or audit how you report on the transaction

    Contact us early

    See also:

    Last modified: 26 Oct 2018QC 57231