Paul Fogarty

Executive summary

Paul Fogarty is an Executive Director in Corporate and International Tax at BDO, based in Melbourne. He specialises in delivering commercially focused tax solutions to ASX-listed and multinational clients across various sectors, including engineering, procurement & construction, fast moving consumer goods, and manufacturing.

Paul's approach to working with clients is centred on developing long-term, trusted relationships through a deep understanding of their business operations and priorities. He consistently provides value-driven but pragmatic advice and solutions.

His core services include corporate and international tax advice and compliance services, helping clients obtain tax-effective solutions while meeting their complex tax compliance obligations. Paul also offers commercial and practical tax advice to support clients in navigating the intricate tax obligations of their businesses

Throughout his career, Paul has led numerous key engagements, including global restructures for ASX-listed clients, advising on Australian tax implications of ASX listings versus trade sales, and providing tax advice for multinational expansions and restructures. His expertise extends to tax consolidation, corporate group restructuring, mergers and acquisitions, ATO combined assurance reviews, and international tax matters.

Expertise

• Tax consolidation including formation, exit and loss transfer
• Corporate group restructuring - domestic and cross-border
• Mergers and acquisitions, structuring, tax due diligence, sale contract review
• ATO combined assurance reviews
• International tax including thin capitalisation, debt creation, hybrid mismatches, controlled foreign companies (CFC) and cross-border profit repatriation.
• Compliance services, including TOFA, capital gains tax, reportable tax positions and tax loss recoupment
• Tax transformation

Experience

• Led the global restructure for a Top 150 ASX-listed outbound client to mitigate the risk, enhance operational alignment and maximise shareholder value. Subsequently advised on divestments, due diligence, and tax optimisation strategies.
• Advised on Australian tax implications of an ASX listing versus trade sale, collaborating with legal, corporate finance, and international tax teams to drive transaction execution.
• Advised a rapidly growing multinational on complex tax issues relating to their Australian expansion, restructuring and greenfield projects and potential divestment.
• Advised a European-headquartered multinational on the Australian implications of a cross-border restructure in collaboration with UK and Netherlands tax teams. Delivered significant Australian cash savings, enabled tax-free repatriation, and aligned acquisition debt with Australian operations. Achieved a high assurance rating following an ATO Combined Assurance Review.
• Lead Australian tax advisor on a multi-jurisdictional restructure and divestment for an Australian group, managing inter-company debt repayments and cross-border dividend repatriation. This facilitated a demerger and 60 per cent UK parent exit via off-market share buyback.
• Led 14 ATO combined assurance reviews over five years across large market clients, spanning corporate tax, transfer pricing, and GST. All engagement achieved medium to high assurance ratings.

Qualifications and affiliations

• Registered Tax Agent
• Bachelor of Business (Accounting)
• Member, Institute of Chartered Accountants ANZ
• Fellow, The Tax Institute of Australia