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Miles Hurst

Miles Hurst is a partner in Baker McKenzie's Tax team in Sydney with a broad range of tax advisory experience. Miles has extensive experience in fund structuring, infrastructure and real estate investment, M&A, restructures and cross-border tax issues. Miles is ranked by Asia Pacific Legal 500 as a New Generation Partner (Tax) for 2020 and is an author of Thomson Reuters' Laws of Australia Income Tax service. He is also a regular speaker at tax conferences including the Tax Executive Institute's Tax Summits, the Asia Pacific Tax Conference and AVCJ's Private Equity and Venture Capital Forum.

The Australian Treasury has released an exposure draft of legislation, which, if implemented, would require operators of electronic platforms to report to the Australian Taxation Office (ATO) identification and payment information regarding the sellers that participate on their platforms (“Sellers”).

On the 8th of July, the Australian Taxation Office (ATO) released its Decision Impact Statement (DIS) on the Full Federal Court decision of Greig v Commissioner of Taxation [2020] FCAFC 25.

This client alert provides an overview of the Greig decision and considers the impact of the decision on significant individual shareholders.