Tax » Real Estate

Corrs specialises in optimising stamp duty outcomes in all states and territories and can bring an intimate knowledge of different landholder and land rich duty laws and the nuances between them. We also specialise in large scale transactions involving multiple jurisdictions.

Income tax and GST issues bring added complexity and a need to stitch these together with stamp duty in a way that delivers technically and commercially. This process may involve stapled securities, development agreements, project delivery agreements or other solutions on a case by case basis. Corrs’ advice can help you be commercial while observing the limits.

Our Experts

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Craig Milner

Partner Location Sydney Profile
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Heran Kim

Special Counsel Location Sydney Profile
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John Letizia

Special Counsel Location Brisbane Profile

Our Experience

Rubicon Europe Trust Group

Corrs advised US private equity investor Global Asset Capital on its acquisition of distressed debt from National Australia Bank and the recapitalisation of the Rubicon Europe Trust Group, part of the failed Allco Finance Group.

Corrs worked with tax advisers in New York, London and across Europe to restructure entities in a number of jurisdictions including Austria, Belgium, Germany and the Netherlands.

Devising an efficient structure for US based investors to acquire European real estate via Australia presented a number of significant challenges.

More

Our Thinking

Australia's Tax Treaty Negotiation Program needs an Asian pivot

Refocusing Australia’s bilateral tax treaty network towards Asia should be a priority for the Abbott government.

More

Federal Budget 2014-15: The Government delivers on austerity but not genuine tax reform

Federal Treasurer, the Hon. Joe Hockey MP, has delivered his keenly anticipated first budget. So what are the most significant measures that will impact the business bottom line?

More

Curbing the flight of the phoenix - New solutions are needed to address insolvency in the construction industry

Building company insolvencies are rife and state governments must act.

More

What does real tax reform look like?

Australia faces tough decisions it can’t keep putting off.

More

Infrastructure early stage tax losses - Welcome reform but issues remain

The draft legislation on tax loss incentives for infrastructure projects is welcome, but gaps remain.

More

Federal Budget 2013-14: A tough one for business, especially multinational business

What are the most significant tax measures that will impact the business bottom line?

More

Beware stamp duty traps when transferring economic benefits

Transferring the economic benefits of land should not trigger stamp duty, but sometimes it can...

More

Call option nominations - Poor drafting can hurt

Call options over land are well understood but poor drafting of documents can have damaging consequences.

More

Australia turns up the heat on large and multinational taxpayers

The government’s announcement that it wants greater transparency around the tax activities of large businesses and multinationals reveals a suspicion that it’s missing out on tax revenue it ought to be getting.

More

Doing Business in Australia

Australia is an exceptional place in which to do business. Find out how we can help you develop your business in Australia.

More Download

Is Victoria’s landholder duty a new tax on development in that state?

Victoria’s new landholder duty regime will squeeze property developers’ profits and may deter new investment in the state.

More

Are the retrospective transfer pricing measures unconstitutional?

The Government’s willingness to introduce tax laws with retrospective effect creates fertile ground for a constitutional challenge.

More

Federal Budget 2012-13: The major business tax measures

Business won’t be thrilled with the 2012-13 Budget, but should be relieved that other changes floated in the lead up ended up on the cutting room floor.

More

Our Experience

Rubicon Europe Trust Group

Corrs advised US private equity investor Global Asset Capital on its acquisition of distressed debt from National Australia Bank and the recapitalisation of the Rubicon Europe Trust Group, part of the failed Allco Finance Group.

Corrs worked with tax advisers in New York, London and across Europe to restructure entities in a number of jurisdictions including Austria, Belgium, Germany and the Netherlands.

Devising an efficient structure for US based investors to acquire European real estate via Australia presented a number of significant challenges.

Our Thinking

Doing Business in Australia

Australia is an exceptional place in which to do business. Find out how we can help you develop your business in Australia.

Federal Budget 2012-13: The major business tax measures

Business won’t be thrilled with the 2012-13 Budget, but should be relieved that other changes floated in the lead up ended up on the cutting room floor.

Are the retrospective transfer pricing measures unconstitutional?

The Government’s willingness to introduce tax laws with retrospective effect creates fertile ground for a constitutional challenge.

Is Victoria’s landholder duty a new tax on development in that state?

Victoria’s new landholder duty regime will squeeze property developers’ profits and may deter new investment in the state.

Australia turns up the heat on large and multinational taxpayers

The government’s announcement that it wants greater transparency around the tax activities of large businesses and multinationals reveals a suspicion that it’s missing out on tax revenue it ought to be getting.

Call option nominations - Poor drafting can hurt

Call options over land are well understood but poor drafting of documents can have damaging consequences.

Beware stamp duty traps when transferring economic benefits

Transferring the economic benefits of land should not trigger stamp duty, but sometimes it can...

Federal Budget 2013-14: A tough one for business, especially multinational business

What are the most significant tax measures that will impact the business bottom line?

Infrastructure early stage tax losses - Welcome reform but issues remain

The draft legislation on tax loss incentives for infrastructure projects is welcome, but gaps remain.

What does real tax reform look like?

Australia faces tough decisions it can’t keep putting off.

Curbing the flight of the phoenix - New solutions are needed to address insolvency in the construction industry

Building company insolvencies are rife and state governments must act.

Federal Budget 2014-15: The Government delivers on austerity but not genuine tax reform

Federal Treasurer, the Hon. Joe Hockey MP, has delivered his keenly anticipated first budget. So what are the most significant measures that will impact the business bottom line?

Australia's Tax Treaty Negotiation Program needs an Asian pivot

Refocusing Australia’s bilateral tax treaty network towards Asia should be a priority for the Abbott government.

Our Experts

Craig Milner.jpg

Craig Milner

Partner Sydney + 61 2 9210 6072
KIMHeranwebsitegreySIZEDTH.jpg

Heran Kim

Special Counsel Sydney +61 2 9210 6200
LETIZIAJohnwebsitegreySIZEDTH.jpg

John Letizia

Special Counsel Brisbane +61 7 3228 9749