The Willy Sussman-led tax team at Bell Gully advises on the tax aspects of commercial transactions including M&A and cross-border transactions. Tax litigation and disputes are growing risks for companies.Mathew McKay is advising a client in a dispute ...
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The Willy Sussman-led tax team at Bell Gully advises on the tax aspects of commercial transactions including M&A and cross-border transactions. Tax litigation and disputes are growing risks for companies.
Mathew McKay is advising a client in a dispute about the use of optional convertible note hybrid funding arrangements. The outcome of the trial, commencing in September 2011, is likely to clarify the uncertain scope of tax avoidance law in New Zealand.
The team is also advising subsidiaries of several other Australian listed companies on tax disputes concerning the use of similar instruments.
Sussman and McKay paired up in late 2010 to advise Crown Fibre Holdings, a government company, on the tax aspects of the $1.5 billion public investment in the ultra-fast broadband infrastructure. The initiative aims to provide broadband to 75% of New Zealand by 2019. The pair advised on the tax aspects of the proposed funding and ownership structures, and negotiated with several priority bidders throughout early 2011.
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