We provide clients with expert advice on all Australian, state and international taxation matters. Our advice is delivered in a practical and commercially minded manner, and our experts comprise talented legal and accounting professionals, in the one team.

All Australian business entities, their directors and management and their internal and external advisers, must have an up to the minute appreciation of all federal and state tax laws and practices and how to apply these to their commercial transactions.

It is imperative to have access to the best advice available to manage the risk and ensure that transactions will not be derailed by unanticipated tax consequences.

We work with our clients to ensure that all tax related issues in a transaction are dealt with effectively, commercially and consistently within the boundaries of the prevailing  laws.

The complexity of tax law demands a high degree of specialisation. We have a dedicated Tax Law group that focuses on the following areas:

• Assisting clients with investigations and audits undertaken by revenue authorities
• Preparation of objections and where appropriate, in preparation for disputes at tribunal and / or court level
• Assisting clients with international cross-border transactions
• Private equity transactions (mergers, acquisitions, group restructuring and financing structures)
• General income tax advice, with a focus on capital gains tax, trusts, consolidations, corporations, state duties, payroll tax and goods and services tax
• Tax treatment of charitable and religious institutions, and not-for-profit organisations
• Specialist areas such as value shifts, fringe benefits tax and thin capitalisation; and succession planning and intergenerational asset transfers

Cornwalls has developed precedent agreements which can be purchased for use by corporate groups or practitioners consulting to tax consolidated corporate groups.