Tax Audit and Property Update 2015

Tax Audit and Property Update 2015

Tax Audit and Property Update 2015 TMNZ Blog

Compliance Headlines Newspaper Torn New Business Regulations ComTax Management NZ (TMNZ) is pleased to invite you to an informative update on tax audits and the taxation of property.

We have brought together presenters from Inland Revenue, Bell Gully and TMNZ who will share their insights on the challenging area of tax audits and dispute management. Sessions will also include discussions on taxation of property, which is particularly relevant to Auckland practitioners.

This event will be held across three different Auckland locations and at three different dates. Not only do these sessions contribute to your professional learning and development as CPD hours, but they also provide a great networking opportunity for you and your peers.

REGISTER

To register your interest, please email TMNZ Business Development Manager Jane Ling with your firm’s name and the names and email addresses of those wishing to attend. Please indicate which venue you will be attending (North Shore, South Auckland or Central Auckland).

Please note that seating is limited at each venue so please get your registrations in early.

All registrations must be received before 5pm on 3 July.

Registration is free.

EVENTS

AUCKLAND CENTRAL
When: Wednesday 15 July.
Where: Stamford Plaza, 22-26 Albert Street, Auckland.

SOUTH AUCKLAND
When: Wednesday 22 July.
Where: Waipuna Hotel & Conference Centre, 58 Waipuna Road, Mt Wellington, Auckland.

NORTH SHORE
When: Thursday 23 July.
Where: Fairway Conference Centre, 17A Silverfield (off Porana Road), Takapuna, Auckland.

AGENDA

3:00pm – 3:15pm: Registration (tea/coffee)

3:15pm – 4:00pm: Inland Revenue’s compliance focus

This session will cover current priority work and compliance approaches being taken by Inland Revenue. In particular, there will be a focus on work in the property and hidden economy areas. The session will also include an overview of what further compliance activity may look like as part of Inland Revenue’s transformation.

Tony Morris, Investigations and Advice Manager, Inland Revenue

4:00pm – 4:45pm: Recent trends in tax disputes and dispute management
This session will provide an update on recent trends in disputes with Inland Revenue and some practical tips on how disputes can be best managed (if they do arise) to achieve a positive outcome in an efficient manner. In their talk Mat and Jarrod will take into account proposed reforms in the area of property taxation and discuss potential pitfalls for taxpayers and their advisors.

Jarrod Walker, Tax Partner, Bell Gully
Mathew McKay, Tax Partner, Bell Gully

4:45pm – 5:15pm: Insights and developments in the use of tax pooling by businesses and accountants

This session will provide practical tips on managing your clients’ cashflow around provisional tax dates, and strategies to mitigate their exposure to Inland Revenue interest and late payment penalties where there is an uncertain historical tax position.

Chris Cunniffe, Chief Executive Officer, TMNZ

5:15pm – 6:00pm: Networking drinks and canapés

SPEAKERS

MorrisTony Morris

Tony is the Investigations and Advice Manager for Large Enterprises at the Inland Revenue. He is one of two managers who undertake the national management of the Investigations Unit. Tony’s main focus is the management of the technical and tax avoidance area within the investigations Unit. Tony has been with Inland Revenue for more than 20 years which did include a four-year break where he worked at Deloitte as a Senior Tax Manager for four years in the 2000s.

JarrodJarrod Walker

Jarrod is a Partner in Bell Gully’s tax team. He is a general tax practitioner and advises the firm’s clients on a range of matters from corporate restructurings and financing transactions to personal and trust arrangements. He often acts for clients in disputes with Inland Revenue. He is also a member of Bell Gully’s trusts and personal asset planning team, advising families on appropriate asset protection structures and other trust-related issues. He is a member of the International Fiscal Association (IFA) and the Society of Trust and Estate Practitioners.

MathewMathew McKay

Mathew is a Partner in Bell Gully’s tax team, specialising in tax disputes and litigation, and has represented clients in court proceedings in the High Court, Court of Appeal and the Supreme Court. He was counsel to Alesco New Zealand in its litigation with the Inland Revenue in relation to the use of hybrid funding instruments and Sovereign Assurance in its litigation concerning reinsurance arrangements. Mathew has also represented individual and corporate clients in a range of other matters. He is a member of the Tax Committee of the New Zealand Law Society and IFA.

ChrisChris Cunniffe

Chris is the CEO of TMNZ. He joined the company after leading the tax teams at Air New Zealand and Bank of New Zealand for 15 years. Chris is a member of the Tax Advisory Group for Chartered Accountants Australia and New Zealand (CAANZ), a group which develops and presents CAANZ’s position on tax policy and tax administration matters.

We look forward to seeing you there.