An investor's guide to the sector and its regulations.
12 years in specialist practice, Jane Spencer is a highly experienced GST advisor with a particular focus on financial services and property sectors.
In addition to her GST advisory, structuring and due diligence work, Jane assists clients with GST Co-operative Compliance Reviews, Specific Issues audits, ATO queries, and advises on litigation matters.
She also works with clients in developing internal GST risk management procedures.
Some long-standing clients include American Express, Brookfield Multiplex, Transfield, and Westpac.
Prior to joining firm, Jane was a Senior Manager in the Tax and Legal Services division at PricewaterhouseCoopers, specialising in Indirect Tax.
Areas of expertise include:
Jane advises widely on GST issues for the financial services sector including advising major banks including retail and investment banks. She regularly advises managed funds, as well as advising on securitisations, debt issues, rights issues, restructuring and refinancing.
Jane has advised clients in a wide range of industries with a particular focus on the challenging areas of the application of GST to property transactions and the financial services sector in addition to general commercial and mergers and acquisitions transactions.
Jane advises several high-profile public and private not-for-profit clients on their GST treatment and obligations and is intimately familiar with the numerous GST concessions available to the not for profit organisations.
Jane has extensive experience advising companies in the energy, resource and infrastructure sectors on their GST obligations. She has acted for both domestic and international companies in assisting with their GST affairs.
Jane has been involved in some of Australia's largest GST tax controversy cases. Most recently he represented American Express in its appeal to the full bench of the High Court of Australia in relation to its GST apportionment methodology. In addition she has been involved in numerous objections and appeals covering the financial services, property, aged care, funds management and manufacturing sectors.
Jane has significant experience conducting the GST component in tax due diligences for corporate acquisitions, investments and dispositions. She undertakes tax due diligences for purchasers and investors, and manages tax due diligences for vendors and targets.
Jane has advised numerous responsible entities, trustees and custodians across the managed funds industry in relation to the broad range of GST issues they regularly confront. She has worked with clients to ensure that they achieve GST efficient structures and outcomes in relation to their on-going activities.