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David Johnston

Partner
About

David Johnston is an experienced tax lawyer, with a particular focus on mergers and acquisitions, W&I insurance, restructuring, New Zealand’s treatment of inbound and outbound investment and tax disputes with the Inland Revenue. David also has considerable experience of advising on the tax treatment of funds and employee/management share plans. David is named as a "leading individual" by Legal 500.

David has acted on a variety of transactions, including conducting tax due diligence, providing transactional tax advice, and reviewing and negotiating transaction/legal documentation. David regularly assists clients with their interactions with the Inland Revenue, including making voluntary disclosures, obtaining tax rulings and during tax enquiries. David has appeared in the Taxation Review Authority and the High Court.

David assists a range of clients, from significant multi-nationals to start-up companies. He has broad industry exposure and has provided tax advice to companies in a number of different sectors, including private equity, banking, asset management, venture capital, insurance, agriculture, forestry, retail, pharmaceutical and technology.

Areas of FocusTax
Professional QualificationsBarrister and Solicitor of the High Court of New Zealand, 2002Solicitor of the Senior Courts of England and Wales, 2008

EXPERIENCE

  • Advised Tracksuit on its USD22m Series A Capital Raise.
  • Advised Bank of Queensland on the tax aspects of the sale of its New Zealand loan and asset portfolio to UDC Finance.
  • Advised Wētā FX Limited on the tax aspects of the sale of its digital assets to NYSE listed Unity Software Inc., including advising on the post deal reorganisation.
  • Advised AMP Capital on the tax aspects of the sale of its New Zealand Global Equity and Fixed Income investment management business to Macquarie.
  • Advised Accel-KKR and its portfolio company, Seequent Holdings Ltd in relation to the tax aspects of its sale of Seequent Holdings Ltd to Bentley Systems, Inc.
Education
  • Victoria University of Wellington, LLB
  • Victoria University of Wellington, LLM
  • Victoria University of Wellington, BSc

Memberships And Affiliations

  • Barrister and Solicitor of the High Court of New Zealand, 2002
  • Solicitor of the Supreme Court of England and Wales, 2008
  • Member of the Law Society Tax Committee
  • Member of the Financial Services Council Tax Committee
  • Member of the Restructuring Insolvency and Turnaround Association of New Zealand (RITANZ)
  • David has presented at the New Zealand Law Society Tax Conference, the Chartered Accountants Australia and New Zealand (CAANZ) annual tax conference, the International Fiscal Association (New Zealand Branch), the International Fiscal Association Australian Tax Conference and the ITR Asia Pacific Tax Conference

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