Aaron Clarke

Managing Director
13+ years of M&A tax experience
Expert in real estate and energy transition projects
Specializes in tax due diligence, structuring, implementation, and technical tax advice
Sydney
@alvarezmarsal
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Aaron Clarke is a Managing Director with Alvarez & Marsal Tax in Sydney. 

Mr. Clarke specializes in the taxation of real estate and infrastructure, with a focus on public and private M&A, capital management, and advising fund managers. He advises clients on diligence, structuring, modeling, implementation, and liaising with tax authorities. He provides tax advisory services to real estate fund managers over the life cycle of their funds, from establishment, capital raising, and deployment of capital through realization of their investments.

With over 13 years of experience, Mr. Clarke has worked with the largest investors in Australian real estate and infrastructure, including listed real estate investment trusts (REITs), real estate fund managers, superannuation funds, private equity funds, pension funds, and multinationals.

Mr. Clarke has advised on a wide range of real estate asset classes, including office, industrial, retail, hotels, hospitality, data centers, build-to-rent, build-to-sell, retirement living, student accommodation, childcare, and self-storage. Additionally, Mr. Clarke has significant experience in advising on energy transition projects (solar, wind, and battery energy storage systems), including the development and financing of greenfield projects and M&A for development assets and platforms.

Prior to joining A&M, Mr. Clarke spent 11 years with EY Tax in Australia, where he most recently worked as a Director in EY’s International Tax and Transaction Services practice.

Mr. Clarke earned a bachelor’s degree in economics and law (honors) from The University of Queensland. He is a member of Chartered Accountants Australia and New Zealand.

Insights By This Professional

Explore the restrictive interpretation of third party debt in Australia's PCG 2025/2, with minimal concessions and a hardline approach by the Commissioner.
After much anticipation, the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 (BTR Bill), which introduces the proposed Build-to-Rent Tax Concessions, finally passed both Houses on 29 November 2024 and received Royal Assent on 10 December 2024.
The Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 was introduced on 5 June 2024.
The Australian Government’s announcement to reduce the managed investment trust (MIT) withholding tax rate from 30% to 15% promises to encourage more foreign investment in Australia’s growing Build-to-Rent (BTR) market. But, do the changes go far enough?
Latest insights The latest insights from Aaron Clarke's team
Thought Leadership
A limited-time New Hampshire tax amnesty program offers meaningful relief for unresolved state tax liabilities. The opportunity closes February 15, 2026.