William Thompson

Managing Partner of the firm's Brisbane office, Bill is MinterEllison's Regional Markets Leader, responsible for the management and strategy of the firm's regional offices.

He is recognised nationally and internationally as one of Australia's leading corporate tax advisors and tax disputes lawyers and heads the firm's Tax Division. In his broad tax practice, Bill works with publicly listed and unlisted corporations, industry associations, government departments and government owned corporations, large not for profit organisations including universities and scientific research organisations, and large industry and retail superannuation funds, as well as high-wealth private clients.

He primarily advises on the tax implications of business and corporate acquisitions, corporate structures and restructures, and financing arrangements and regularly advises on corporate taxation, international tax relating to inbound investments, capital gains tax, goods and services tax (GST), stamp duty, customs duty, land tax, and employment taxes.

Bill has extensive project experience in the Property, Infrastructure, Energy & Resources and Financial Services (Superannuation) industries Australia-wide. He advises peak bodies in the Australian Energy & Resources industries.

Bill is experienced in negotiating major disputes with Federal and State revenue authorities and handling audits by them. He has acted in many taxation disputes, including litigation to appellate level in a number of landmark tax cases.

In addition, Bill leads our Private Client Wealth practice. His clients have included some of Australia's wealthiest families.

Bill is a frequent speaker and author on taxation issues and has presented papers at conferences of the International Bar Association Taxation Committee, the American Bar Association Taxation Committee (foreign lawyers subcommittee), and the Taxation Academy of Singapore.

5 May 2016

On 3 May 2016, the Treasurer Scott Morrison delivered the 2016/17 Federal Budget. On 3 May 2016, the Treasurer Scott Morrison delivered the 2016/17 Federal Budget. The tax announcements in the Budget reflect a continuation of the major themes on taxation from the 2015/16 Budget, focussing on small business as a way to grow the economy, and on multinational tax avoidance.

Updated 22 April 2016

The new 10% foreign resident capital gains tax withholding regime applies more broadly than many will expect, and both vendors and purchasers, whether Australian resident or not, will need to consider whether or not their transactions are affected.

22 February 2016

Today, the Treasurer announced the implementation of a 'standard' set of tax-related conditions that will apply to foreign investment clearances. This announcement is significant from a foreign direct investment perspective as it likely requires additional or more detailed upfront tax structuring advice prior to submission of a FIRB application, as well as a higher level of engagement with the ATO on FIRB applications.

25 January 2016

Late last year, the High Court handed down its decision in Commissioner of Taxation v Australian Building Systems Pty Ltd (in liq) [2015] HCA 48. The ATO has recently issued a Decision Impact Statement (DIS) setting out its view of the consequences of the High Court's decision.

8 January 2016

On 13 November 2015 the Treasurer and Minister of Finance jointly announced that a new double tax treaty had been negotiated with Germany, replacing the 1972 agreement. The text of the new treaty evidences Australia's Treaty policy response to recommendations made by the OECD as part of the base erosion and profit shifting (BEPS) project. In this Alert we summarise the BEPS treaty proposals made by the OECD, and draw attention to Australia's response as evidenced in the new Australia/Germany Double Tax Treaty.