Leading GST / Indirect Taxes specialist Matthew Cridland joins DLA Piper as Partner in Sydney
DLA Piper is pleased to announce that Matthew Cridland has joined the firm's Tax team as a partner in Sydney. Matthew joins from KPMG, where he was a Director, providing advice to clients on a wide range of Goods and Services Tax (GST) related issues across a number of sectors, including Real Property, Energy and Resources, Public Private Partnerships, Telecommunications and Financial Services.
The “loss carry-back” provision to be included in tomorrow’s budget will see Australian companies claim back overpaid taxes from previous years and reclaim paid taxes for up to $1 million worth of losses.
The rebate will bring Australia into line with Canada, the United States and Britain and will assist Australian companies by improving cash-flows. Treasurer Wayne Swan is set to announce the change tomorrow to be in effect as of mid-2013.
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