Vincent Licciardi
Vincent specialises in the tax affairs of high-net-worth individuals, wealthy family groups and private clients. He acts for clients who need solutions to complex problems for their businesses and investments.
For example, Vincent:
- runs audits, objections and litigation against the Australian Taxation Office (ATO). He worked for the ATO for approximately 15 years before moving to HWL Ebsworth Lawyers, giving Vincent’s clients the edge in tax disputes and setting him apart from all other tax lawyers;
- structures buy-side and sell-side transactions to maximise returns and reduce the risk of adverse tax consequences; and
- advises accountants and lawyers, so they can resolve their own clients’ problems.
Separately, Vincent also specialises in investigations and disciplinary proceedings against accountants by the Tax Practitioners Board (TPB) and the professional bodies.
Experience
Vincent’s experience includes advising:
- Various high-net-worth individuals in the transport, insurance, aged-care and property sectors to buy and sell businesses and assets. Deals exceeding $20 million;
- A high-net-worth individual in the construction sector against the ATO from audit through to litigation, covering issues including asset valuations, dividend stripping, Division 7A, penalties and interest. Amount in dispute exceeding $10 million;
- Various accountants in investigations and litigation against the TPB and the professional bodies, covering issues including misappropriation of tax refunds, conflicts of interest, false statements and outstanding tax obligations. These matters include stay applications before the AAT;
- Government Department in litigation against various businesses in the aviation, gaming, motor vehicle and property development sectors, covering issues including valuation disputes, dividend stripping, default assessments, small business concessions, penalties and interest. The largest cases involving claims exceeding $100 million;
- Syndicate of high-net-worth individuals in the hospitality sector against the ATO at audit, covering issues including restructures, trusts, penalties and interest. Amount in dispute exceeding $2 million; and
- International businessperson in the IT and finance sector against the ATO from audit through to litigation, covering issues including allegations of tax evasion and departure prohibition orders. Amount in dispute exceeding $200 million.