David Pratley

Background

About David Pratley

Tax specialist for over 25 yrs including as a partner at leading Australian law firms, and with EY in Sydney and New York. Advises on transactions and structuring for public and private businesses, multinationals, funds, investors and financiers. Focused on tax aspects of corporate, commercial and financial transactions including: M&A (private & public), finance (debt, equity & derivatives), international inbound/outbound, real estate (development, investment, commercial & residential), funds management, interaction with tax authorities (rulings, audits, negotiation & disputes), compensation/settlement payments, legal drafting, due diligence, establishing business in Australia and incentive plans. Supports clients in a broad range of sectors including financial services, banking, private equity, property technology, communications, media, pension funds, sovereign funds, health, education, turnaround, restructuring and insolvency. Client testimonials include “a first-rate tax lawyer”,"highly commercial, client focussed and is able to provide valuable market insights", “obvious expertise and experience allied with a positive can-do attitude” and "his credentials gave our position gravitas with the other party". Recognised in client and peer surveys including Best Lawyers, Legal 500 and International Tax Review's guide to the world’s leading tax advisers. Acted for- S&P 500 multinational on $3.7 billion takeover of ASX 100 group - leading Australian private equity firm on $465 million IPO of portfolio company - REIT on $442 million sale of a 75 per cent stake in an office tower. The transaction involved the sale of units in sub-trusts of the REIT. Advised on matters relating to trusts, capital gains tax and distributions to institutional invest - major international law firm by working as part of its client deal team for Fortune 500 technology group on US$3 billion business sale - mandated lead arrangers of a $940m multi-jurisdiction loan syndication - International Investor on dispute/negotiation with the Australian Taxation Office involving cross-border issues, ruling applications, law reform submissions, requests for internal review, formal objections, evidence gathering and analysis, strategic advice, scenario planning and managing the interaction with commercial arrangements between multiple competing stakeholders in the USA, Asia and Australia - Big 4 Australian bank on tax treatment of customer compensation and settlement payments,