Secretary to the Treasury, John A Fraser, is pleased to announce Ms Karen Payne has been engaged in the new role as Chief Executive Officer of the Board of Taxation.
Effective from 31 March 2016, the new role will be central to the operations and policy of the Board of Taxation. The new role will involve leading the work of the Secretariat as well as communication with industry and other stakeholders. Ms Payne will be based in Treasury's Sydney office.
Ms Payne has over 20 years' experience as a specialist taxation advisor at top tier legal and accounting firms. Prior to her commencement as Chief Executive Officer of the Board of Taxation she was a Partner in the Sydney practice of Minter Ellison, specialising in corporate and international tax and taxation of funds, managers and investors (domestic and international).
She has extensive experience managing complex tax-related matters for major multinationals, publicly listed companies and Australian IPOs across the financial services, property, mining, energy and utilities sectors.
Her key expertise includes taxation of domestic and international funds (property, infrastructure, equity and private equity), due diligence, structuring for corporate mergers, reorganisations, takeovers and acquisitions, including cross-border finance arrangements and global loan facilities. She has particular skills in managed investment trusts, debt, equity and thin capitalisation provisions.
More information on the appointment can be found in the Board of Taxation media release.
More information on the Board is available on the Board of Taxation website.