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Team Members

Tom Walrut

Senior Associate
Tom provides advice and services to private clients in relation to a broad range of tax, revenue and commercial matters.

As a senior associate in Cooper Grace Ward’s private client team, Tom assists clients with tax and commercial issues with a focus on achieving practical, commercial and tax effective outcomes in transactional, structuring and restructuring matters.

Tom brings over 14 years’ experience in providing technical advice on federal and state tax matters and acting on business sales and acquisitions. Tom is a firm believer in first understanding client outcomes and desires (and getting to know client businesses) and then tailoring advice and solutions to match.

Tom also regularly presents at the Tax Institute of Australia on CGT rollovers, duty and land tax and general business and enterprise structuring.

  • Bachelor of Laws – Bond University
  • Master of Tax – University of New South Wales
  • Graduate Diploma of Legal Practice – Law Society of South Australia
  • Member – Queensland Law Society
  • Fellow – The Tax Institute of Australia
  • Member – Tax Institute – Engagement Committee and sub committees (various)
  • Member – Queensland Law Society – Revenue Law Committee

Taxation and revenue

  • Advising in relation to a wide range of income tax issues, including capital gains and Division 7A issues.
  • Advising on land tax and duty.
  • Advising on structuring of business asset sales and share sales.
  • Preparation of private ruling requests (state and federal).
  • Providing advice regarding objections against tax assessments.

Corporate and commercial

  • Providing advice in relation to purchase and sale of business assets.
  • Advising on share purchase and sale agreements.
  • Advising on shareholder agreements.
  • Providing structuring advice and implementation services (including pre-sale structuring and preparations for sale).
  • Negotiating transaction documentation.

Areas of Expertise

Publications

Is payroll tax constitutionally invalid? The High Court has had something to say.

Yesterday’s High Court decision in Vanderstock & ors v the State of Victoria [2023] HCA 30 (Vanderstock) has called into question the constitutional validity of State-imposed payroll taxes.

Land Valuation Amendment Bill 2023 (Qld)

Proposed features and operation

NSW foreign land tax and duty surcharges legally deficient – refunds due!

Revenue NSW has confirmed that its foreign land tax and duty surcharge provisions are inconsistent with Australia’s tax treaties with New Zealand, Finland, Germany and South Africa. Refunds may be available for property acquirers and landowners who have previously paid NSW surcharge duty or surcharge land tax.