About Joseph Power
Joe is a specialist in income tax and a leading adviser on corporate acquisitions, disposals and restructures, with deep experience across the private equity, mining and resources, technology and healthcare sectors. He regularly advises on the tax aspects of major corporate transactions, fund formations and regulatory compliance for both domestic and international clients.
He jointly leads the firm’s Tax Disputes practice and is widely recognised for his expertise in complex tax matters, including transfer pricing and anti-avoidance, and representing clients in ATO audits and tax litigation.
Joe is co-author of the 5th edition of LexisNexis’s Equity and Trusts (2024) and is ranked as a Next Generation Partner for Tax in The Legal 500 Asia Pacific 2025.
Joe's experience includes advising on:
Mergers & Acquisitions
- Future Fund: the acquisition of a 9.995% interest in Transgrid
- Evolution Mining
- the $1bn acquisition of 100% of the shares in Ernest Henry Mining
- the acquisition of an 80% interest in the Northparkes copper-gold mine from CMOC Group Limited
- the sale of the Cracow gold mine in Queensland to Aeris Resources for $125m
- AusNet: the $10.2bn acquisition by a Brookfield-led consortium
- AustralianSuper: the $1.9bn acquisition of a 70% stake in Australia Tower Network
- Platinum Equity: the $688m acquisition of JELD-WEN Australasia
- Vocus: the $3.5bn acquisition by Aware Super and Macquarie Infrastructure
- KKR & Co. Inc: the US$2.2bn acquisition of Campbell operations, including Arnott’s
Superannuation, Funds & Financial Services
- Australian Retirement Trust: the merger of SunSuper and QSuper to form Australian Retirement Trust
- BT Super: a consolidation of several large super funds by way of successor fund transfers
- Commonwealth Bank Group Super: a successor fund transfer from Commonwealth Bank Group Super to Australian Retirement Trust, including engagement with ATO and Treasury
- Commonwealth Bank
- the sale of its Australian general insurance business to the Hollard Group for $625m
- the sale of its CommSec advisory business
Tax Disputes & Litigation
- a dispute with the Commissioner in the Federal Court in connection with entitlement to franking credits in QSuper Board Pty Limited v Commissioner of Taxation
- ATO transfer pricing and thin capitalisation audits and disputes involving major resources, pharmaceutical, healthcare and industrial groups, including achieving a ‘no further action’ outcome for a multinational resources group on transfer pricing and deductibility dispute through independent review
- major disputes involving franking credits and withholding tax for leading superannuation and pension funds
- the taxpayer’s successful defence in the Full Federal Court in Commissioner of Taxation v Messenger Press Proprietary Limited [2013] FCAFC 77
- a mutual agreement process between the ATO and a foreign competent authority for a multinational manufacturing company.