Taxation
At MGI, we work closely with you to ensure your tax is properly managed in order to minimise its impact on your business. Through gaining a complete understanding of your business and taxation profile, we are able to create, identify and recommend appropriate, practical tax planning strategies.
All clients have direct access to our senior members of staff. And as they are highly trained and experienced tax practitioners, this ensures you receive timely and accurate responses to your queries.
Detailed Taxation Review for our New Clients
Every new client undergoes a detailed taxation review and is then provided with a written report. This review has considerable benefits as it identifies problem areas and opportunities, and enables us to gain a thorough understanding of the client from the beginning.
Domestic Tax Consulting
We provide advice to clients in relation to all aspects of the Australian taxation system. The advice we provide is extensive, and includes analysing the tax efficiency of the client's business structure taking into account economic, commercial and personal considerations.
International Tax Consulting
With our worldwide view we provide our clients with the right business structures to suit their needs - a fundamental component of international business. As a result of many years experience and as part of the global MGI network, we have developed a network of foreign contacts in key jurisdictions to meet our clients' financial needs.
As part of our international tax consulting service we have specialist experience in providing advice in respect of establishing business structures throughout Asia, more specifically Singapore, Malaysia, Hong Kong and China.
We provide tailored advice regarding:
- Offshore business structures and arrangements
- Offshore investment structuring
- Risk management and risk transfer measures
- Inbound and outbound structuring of international businesses
- Utilisation of foreign income tax offsets
- Transfer pricing
- Structure of debt and equity funding both in Australia and other jurisdictions
- Thin Capitalisation calculations and management of effective cross-border debt ratios
- Non-resident withholding taxes
Superannuation
The tax planning opportunities arising from superannuation tax concessions mean our superannuation specialty complements our tax consulting role. We provide specialist tax advice to plan and implement international movements of offshore superannuation and pension benefits.
Remuneration Consulting
We provide advice on tax effective salary packaging to assist in attracting and retaining key employees. This advice takes into account the client's personal circumstances and recommends the most effective salary packaging in light of the relevant Income Tax, Fringe Benefits Tax and payroll on costs.
Links
Taxation Institute of Australia
Australian Taxation Office
More info:
Brad Reid
Principal - Taxation Services
t: +(61)3 9521 3000
