William Thompson

Managing Partner of the firm's Brisbane office, Bill is Minter Ellison'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 August 2015

The interim report on corporate tax avoidance, released on 17 August 2015, made 17 recommendations in relation to evidence of tax avoidance, multilateral efforts to combat avoidance, the potential for unilateral action by Australia and the capacity of Australian Government agencies to collect corporate tax. The final report, which is due on 30 November 2015 will focus on transfer pricing with a secondary focus on excessive debt loading, P.E.s, exemptions from general purpose accounting requirements and the role of private accounting firms in tax avoidance.

Updated 13 August 2015

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.

13 August 2015

The OECD has released a revised discussion draft of BEPS Action 7: Preventing the Artificial Avoidance of permanent establishment Status (Paper), which addresses Action 7 of the OECD's Base Erosion and Profit Shifting (BEPS) Action Plan.
In this Alert we highlight the major changes proposed in the Paper, and provide our comment on the potential impact of those changes.

14 May 2015

We consider the key tax issues affecting business announced in the Budget, including further details on major announcements including multinational anti-avoidance provisions and GST on digital products and services.

24 April 2015

Yesterday, Treasury finally released long awaited Exposure Draft legislation to specifically address the taxation treatment of earnout arrangements. While in draft and still subject to consultation (open until 21 May 2015), we now have a clear idea on how a commonly adopted transaction structure will be taxed.