This event was part of the Corporate Tax Club series.
It pays to know what private equity is doing and thinking, as it's likely to affect you:
- your corporate may be competing against private equity (to acquire a target or raise capital); or
- your corporate may be the target (or hold equity in it).
Moreover, it pays to understand the commercial and tax drivers of private equity - and, perhaps, what they can do that your corporate can't - as any differences may represent areas of competitive advantage.
In this session a tax advisor, industry participant and ATO officer - who all know what's going on in private equity - discussed the industry, covering matters including the following:
- an outline of private equity's various players (including their commercial and tax profiles);
- the acquisition and funding structures being used by private equity;
- the revenue, CGT and international implications for "carried"? interests;
- the significance of management incentives (as impacted by Draft TR 2007/D10);
- the commercial environment for private equity (over the coming year); and
- of course, the ATO's perspective.