[et_pb_section fb_built=”1″ _builder_version=”4.9.4″ _module_preset=”default” custom_padding=”||0px|||”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.9.4″ _module_preset=”default”][et_pb_column type=”1_2″ _builder_version=”4.9.4″ _module_preset=”default”][et_pb_image src=”https:\/\/teresafarac.co.nz\/wp-content\/uploads\/2021\/07\/NameTag_LF2.jpg” title_text=”NameTag_LF2″ _builder_version=”4.9.4″ _module_preset=”default”][\/et_pb_image][et_pb_text _builder_version=”4.9.4″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n
Teresa Farac Limited is a specialist taxation firm founded by its Principal Teresa Farac.\u00a0\u00a0 Teresa has acted as lead tax advisor to some of New Zealand\u2019s largest companies and on some of New Zealand\u2019s largest and most complex transactions.<\/p>\n
Teresa has in excess of 25 years experience as a Tax Partner in Big 4 global accounting firms and her breadth of knowledge and range of expertise are second to none.<\/p>\n
[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.9.4″ _module_preset=”default”][et_pb_image src=”https:\/\/teresafarac.co.nz\/wp-content\/uploads\/2021\/07\/Teresa-Farac-Photo.jpg” title_text=”Teresa Farac Photo” align=”center” _builder_version=”4.9.4″ _module_preset=”default” height=”611px”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.9.4″ _module_preset=”default” min_height=”426px” custom_padding=”0px|||||”][et_pb_row _builder_version=”4.9.4″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.9.4″ _module_preset=”default”][et_pb_tabs _builder_version=”4.9.4″ _module_preset=”default” tab_font=”|300|||||||” tab_font_size=”18px” tab_line_height=”2em” custom_margin=”1px|||||” border_width_all=”0px”][et_pb_tab title=”About Teresa” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Fellow of Chartered Accountants Australia and New Zealand.<\/p>\n
Teresa is recognised internationally and her accolades include being listed in Experts Guide and International Tax Review – World Tax as a leading New Zealand tax advisor:<\/p>\n
Teresa is an enabler. She helps businesses achieve their commercial goals with a problem-solving approach and is a hands-on advisor who gets things done. Teresa\u2019s reputation has been built on superior client service and technical excellence combined with strong business judgement and a focus on identifying key issues and providing practical advice.<\/p>\n
[\/et_pb_tab][et_pb_tab title=”Industry Credentials” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Key industries in which Teresa has specialist skills include:<\/p>\n
Finance, including transaction services and advisory in the banking, life and general insurance, and funds management sectors<\/p>\n
Infrastructure, including several private public partnership transactions, an area in which Teresa has become a recognised specialist<\/p>\n
Energy and Mining. Teresa has acted on some of the largest transactions in addition to her corporate advisory work to industry participants<\/p>\n
Forestry and Agriculture. Teresa acts for major participants and has a comprehensive understanding of key industry issues<\/p>\n
Property development and investment, with recent credentials in social housing projects.<\/p>\n
[\/et_pb_tab][et_pb_tab title=”Mergers & Acquisitions International Tax” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Teresa is a recognised leader in both M&A and International tax. Teresa has led International tax, Trans-Tasman tax and M&A tax practices in Big 4 firms since the early 1990s.<\/p>\n
Teresa has acted in respect of some the largest New Zealand and cross-border transactions and has specialist skills in:<\/p>\n
Due diligence<\/p>\n
Structuring inbound and outbound transactions<\/p>\n
Sale documentation, including tax indemnities and warranties<\/p>\n
Structuring IPOs, takeovers, mergers, amalgamations and spin offs.<\/p>\n
[\/et_pb_tab][et_pb_tab title=”Dealings with Inland Revenue” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Teresa has extensive experience in assisting clients in dealings with Inland Revenue including:<\/p>\n
Formulating and progressing requests of Inland Revenue for Indicative Views and Binding Rulings<\/p>\n
Corporate tax risk reviews in advance of routine Inland Revenue audit activity<\/p>\n
Inland Revenue risk reviews, audits and investigations including preparation and review of responses to Inland Revenue<\/p>\n
Formal Dispute processes including preparation of relevant notices and dealings with Inland Revenue<\/p>\n
Teresa believes that best outcomes are achieved by fostering positive relationships with taxing authorities.<\/p>\n
[\/et_pb_tab][et_pb_tab title=”Corporate Tax” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Teresa provides corporate clients with proactive advice and, as required, by utilising tax function planning methodologies pioneered by her. These methodologies implement risk management frameworks and forward-looking management processes. They empower clients with the control of their tax functions, irrespective of whether they are resourced internally or externally.<\/p>\n
Services include:<\/p>\n
Consulting services ranging from day to day tax management to corporate restructuring, cross-border planning, tax modelling and tax forecasting<\/p>\n
Tax risk reviews<\/p>\n
Compliance, including tax return preparation or review, tax accounting support, periodic reviews of other taxes<\/p>\n
Tax training of client staff.<\/p>\n
[\/et_pb_tab][et_pb_tab title=”Public Private Partnerships & Social Housing” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Teresa has advised on Public Private Partnerships and Social Housing initiatives from the outset. She is fully conversant with the key structural drivers for Crown projects. Teresa has advised on a number of bids involving:<\/p>\n
Pre-bid due diligence<\/p>\n
Binding ruling applications<\/p>\n
Liaison with Treasury and Inland Revenue Officials<\/p>\n
Tax clauses in documentation<\/p>\n
Reporting to and liaison with debt, equity and other participants.<\/p>\n
Teresa Farac Limited can also assist with post-implementation project tax reporting and advice.<\/p>\n
[\/et_pb_tab][et_pb_tab title=”Tax Policy” _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n
Teresa has been an active participant in the tax policy area since the 1990s.<\/p>\n
Her tax policy work has included international tax, investment taxation, triangular taxation, life insurance and banking sector reform and limited partnerships.<\/p>\n
New Zealand\u2019s tax legislation is subject to constant change and is increasingly complex, particularly in the International context. Teresa\u2019s approach to advising clients recognises the importance of having a thorough grasp of tax policy drivers underlying legislative provisions and being able to identify the impact on clients of proposed legislative changes or anomalies inconsistent with those drivers. She is proactive in formulating balanced strategic responses from a position of understanding key drivers and credibility with key stakeholders.<\/p>\n
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Teresa Farac Limited is a specialist taxation firm founded by its Principal Teresa Farac.\u00a0\u00a0 Teresa has acted as lead tax advisor to some of New Zealand\u2019s largest companies and on some of New Zealand\u2019s largest and most complex transactions. Teresa has in excess of 25 years experience as a Tax Partner in Big 4 global […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-8","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=\/wp\/v2\/pages\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8"}],"version-history":[{"count":6,"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=\/wp\/v2\/pages\/8\/revisions"}],"predecessor-version":[{"id":33,"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=\/wp\/v2\/pages\/8\/revisions\/33"}],"wp:attachment":[{"href":"https:\/\/teresafarac.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}