The Commissioner’s view on key issues in Private Wealth

 

The Commissioner’s view on key issues in Private Wealth

Deputy Chief Tax Counsel, Fiona Dillon CTA, will break down topical technical issues and what this means for private wealth streams at the 27th Noosa Tax Intensive.

Fiona Dillon has a long history of senior tax leadership roles in both the Australian public service and the private sector.

A member of The Tax Institute for more than 15 years, her presentation will look at the following topics:

  • Section 100A and the current status of the ATO’s draft Taxation Ruling
  • Other issues relating to distributions through trusts, including streaming and the application of general and specific anti-avoidance provisions
  • Restructuring of private groups that may raise the potential availability of certain CGT concessions and the application of Div 7A.

“It will be an interactive session facilitated by Paul Banister who will provide his own experiences and take questions from the audience,” she says.

“This session will break down topical technical issues and what this means for the private wealth streams, as well as taking us through what’s attracting the Commissioner’s attention.

“I will be providing the Commissioner’s view on a number of scenarios which may be relevant for clients in the SME space.”

As Fiona has provided technical leadership on a number of private group transactions for the ATO, she is also interested in attending many of the other sessions, particularly involving trusts and Division 7A.

About Fiona

Within the ATO, she led the ATO’s Workplace Relations area, helped shape the strategic direction of the ATO’s Public Advice and Guidance, and was a longstanding member of the ATO’s Public Rulings Panel and a member of the ATO’s General Anti-Avoidance Rules Panel.

“In my current role as Deputy Chief Tax Counsel, I provide technical leadership on corporate transactions and international matters for the ATO,” she explains.

“Prior to this role, I served as Minister–Counsellor (Taxation) in the Australian delegation to the OECD based in Paris, where I chaired the Joint International Taskforce on Information Sharing and Collaboration (JITSIC) on behalf of the Commissioner and represented Australia in other OECD taxation initiatives.

“I am admitted as a legal practitioner in Australia and hold a Master of Taxation, Bachelor of Laws (with Honours) and Bachelor of Commerce, and in 2017 I was a finalist for The Tax Institute’s Corporate Tax Adviser of the Year.”

When she’s not knee-deep in tax, Fiona says she likes to socialise with friends, frequenting North Melbourne wine bars and even crossing the river every once in a while.

“I can also be found at the AFL, particularly when Port Adelaide is in town, or travelling as often as my leave allows,” she adds.

Join us at the 27th Noosa Tax Intensive.

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