William Thompson
|Partner

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.

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.

Updated 8 January 2016

Minter Ellison has created a simple resource to help organisations keep track of the major developments in the OECD's Action Plan on Base Erosion and Profit Shifting.

11 December 2015

The High Court's decision in Commissioner of Taxation v Australian Building Systems Pty Ltd (in liq) held that, in the absence of an assessment, a liquidator is not required to retain funds from asset sale proceeds in order to meet a tax liability which could become payable as a result of a capital gain made on the sale. In doing so, the majority of the High Court affirmed the decision of the Full Federal Court and provided long awaited guidance to liquidators, receivers and administrators.

21 October 2015

On 5 October 2015 the OECD issued its final paper on BEPS Action 12 Mandatory Disclosure Rules, Action 12 - 2015 Final Report (Paper). In this Alert we highlight the main issues and recommendations for taxation reform raised in the Paper.

The Australian Treasurer's BEPS Press Release on 6 October 2015 noted that the ATO is considering the costs and benefits for Australia of the mandatory disclosure rules recommended in the Paper. This is an area that may well result in reform in Australia potentially leading to further tax reporting for Australian taxpayers. For risk governance purposes, Boards should keep aware of the ATO's recommendations in relation to this Paper.

2016