Mark Molesworth

Mark Molesworth

Partner, Tax

Corporate & International Tax

Financial Services | Technology, Media & Telecommunications

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Executive Summary

Executive summary

Mark is a Tax Partner with BDO in Brisbane. His complete understanding of tax laws enables him to provide clients with comprehensive and accurate tax advice and solutions to their current and future business issues.

Through his experience assisting clients across various sectors, Mark has acquired a thorough knowledge of current trends in the tax arena. His strong, demonstrated analytical skills, combined with his excellent communication skills, ensure he accurately assesses your needs and requirements and is able to provide a range of potential solutions in order to optimise tax provisions’ impact.

Expertise

  • Income tax law, specifically including debt and equity provisions, income tax consolidations, capital gains tax (CGT) rollover relief, and trust loss provisions
  • Prudential tax reviews, including fringe benefits tax (FBT) advice and compliance
  • Supporting clients subject to ATO audit or review
  • Tax effective structuring of corporate groups, including for public sector and not-for-profit entities

Experience

  • Advisory in relation to CGT on corporate exit - Advisory on the most tax efficient means by which to sell interests in a corporate group. Analysed taxation outcomes on a sale of partial interest and suggested alternatives to mitigate tax impost
  • Income tax consolidation - Assisted a large corporate group with the decision on whether to elect to consolidate, including assessing the consolidation on the group’s tax loss position
  • Prudential reviews of FBT - Review of the FBT compliance of large groups for internal audit purposes. This includes identifying misstatements and managing voluntary disclosure to the ATO
  • Structuring - Provided structuring advice in relation to a medium-sized Australian listed corporate entity’s international operations, including liaising with our US and Vietnam offices to ensure comprehensive advice was provided.

Qualifications and affiliations

  • Bachelor of Commerce (Honours)
  • Bachelor of Laws (Honours)
  • Fellow, CA ANZ
  • Chartered Tax Adviser, The Tax Institute

Professional engagements and activities