Capital Gains Tax, Tax Consulting, Expatriate Services, Business Expansion Overseas

Gilsons Chartered Accountants and Chartered Tax Advisers has over 40 years’ experience in tax consulting, specialising in tax advice to clients and other accounting and legal firms.  We focus on the small to medium enterprise (SME) market segment, particularly in relation to Capital Gains Tax (CGT) issues associated with business sales, mergers and acquisitions.

Business expansion overseas

Whether your plans are to open a marketing office, establish a joint venture, set up a manufacturing plant, or grow your business from an established offshore investment, Gilsons knowledge of commercial practices can assist you in achieving your business objectives.

Returning expatriates

Whatever your reasons for repatriating into your home country there are a number of things that you should consider prior to doing do. In the same way that you needed to carefully plan your move abroad you should also prepare in advance for your move back home. While you will have familiarity with your home country and probably a strong network of friends and family, there are still some key areas that will need your consideration.

One area that repatriating expats find challenging when they return home concerns establishing a financial foothold. If all ties with the home country have previously been severed it can be very difficult to arrange any type of credit or mortgage upon your return. Again, it is crucial that you do as much research as possible before you return home so that you are prepared for any difficulties you may face.

Gil Levy is the principle of Gilsons Chartered Accountants and Chartered Tax Advisers

Gil spent the majority of his professional life as a tax partner with the international accounting firm Pannell Kerr Forster (now merged with BDO in Sydney) and the U.S. based accounting firm Arthur Andersen where he was the head of the Private Client Group in the Sydney Tax division. Following the merger of Arthur Andersen (then known as Andersen) with Ernst and Young in 2002, Gil started the Sydney Branch of the accounting firm MGI Melbourne to provide specialist tax consulting services to their Sydney and offshore based clients and to continue to provide those services to ex Andersen clients.

In 2008 MGI Sydney became independent from Melbourne and in 2012 Gil retired from MGI and set up Gilsons, operating out of the MGI offices in Sydney.

In 2021 the practice relocated to Kelly Partners Tax and Legal, expanding the services to include a full suite of legal services.

Credentials

Gil has a Diploma of Law from the Barristers Admission Board and has been admitted as a Barrister at the Supreme Court in Sydney.

His accreditations include:

• Bachelor of Commerce (Accountancy) from the University of NSW
• Chartered Accountant
• Certified Practicing Accountant CPA
• Chartered Tax Advisor
• Registered Tax Agent

His professional roles include:

• President of The Taxation Institute (now Life Member)
• President of the Asia Oceania Tax Consultants Association (AOTCA)
• Member of the International Tax Specialists Group (ITSG)
• Member of the National Tax Liaison Group

… and he is the author of numerous papers for The Taxation Institute.