Mark Payne

AREAS OF EXPERTISE

Tax Law; M&A

AWARDS

• Best Lawyers (Australia) – Tax Law, 2016-2025

QUALIFICATIONS

• Master of Laws – The University of Sydney
• Bachelor of Laws and Bachelor of Economics – The University of Sydney
• Admitted to practice in New South Wales, Victoria, England and Wales.

SELECTED REPRESENTATIONS

• Advised Albemarle Corporation, one of the world’s leading global developers, manufacturer and marketer of highly-engineered specialty chemicals, on the acquisition of Liontown Resources Limited, an ASX-listed emerging battery minerals exploration and development company with two major lithium deposits in Western Australia.
• Advised leading global professional services firm Alvarez & Marsal (A&M) on the next phase of its strategic South East Asia and Australia growth plan with the announcement of new offices in Sydney, Melbourne and Perth, Australia. Mark advised on the structure of the Australian partnership, the establishment of corporate partners, the implementation of general law partnership and MD trusts and the integration with A&M’s global partnership.
• Advised on all regulatory aspects for the PayPal Giving Fund and the implementation of key innovative programs with META, PayPal, GoFundMe, Twitch and others. His efforts raised more than AUD 150m annually for various charities in Australia.
• Advised a private property group on its internal restructure on legal and duty impacts. With over AUD 1 billion in property investments the restructure involved complex income tax and duty consideration in NSW and Queensland.
• Advised major overseas retailer, Canada’s Dollarama, one of the largest discount chains in North America, on its approach to The Reject Shop, the ASX-listed discount. Advised on the structure and funding of Australian BidCo, the formation of tax consolidated/multiple entry consolidated group, the consideration of funding structures, repatriation of dividends and interest and exit mechanism.
• Advised on the establishment and funding of the specialist disability accommodation under the NDIS including registration of SPV charity with the ACNC and advice on limited recourse funding arrangements, SDA service agreements and development agreements.
• Advised on the establishment and billing and GST arrangements of the New Payment Platform, a leading payments network in Australia where major banking participants agree to transaction pricing under the biller payment system. Advised on the regulatory aspects and the GST implication of the pricing arrangements including rulings/legislative instruments from the ATO.
• Advised on the structure of the capital call facility in relation to the RAM/GIV real estate joint venture.
• Advised Jason Ireland and Jason Preston in their capacity as joint and several receivers and managers of RUC Holdings Pty Ltd on the sale of the entire issued share capital in RUC Mining Contractors Pty Ltd to Redpath (Australia) Holdings Pty Ltd under a share sale and purchase agreement dated 1 March 2024.