Monday, 09 January 2017 09:00

Small but mighty - Part 2

This article is a continuation of 'Small but mighty' from the January 2017 issue of Canadian Lawyer magazine.
Published in Boutique Firm Rankings
Never before has a single law firm done so much to crystalize global debate around offshore banking. Not only has Mossack Fonseca — the Panamanian law firm that will be forever linked to the Panama Papers — managed to focus world attention on tax havens but, at the same time, it has become the poster child for cybersecurity breaches in the legal business, not something you want to achieve.
Published in Commentary
Monday, 28 March 2016 09:00

Federal budget targets ‘tax abuses’

‘The budget had a series of measures aimed at specific perceived corporate tax abuses,’ says Pamela Cross.
‘The budget had a series of measures aimed at specific perceived corporate tax abuses,’ says Pamela Cross.
The federal budget will mean more red tape for corporations and the closing of certain tax “loopholes” as the Liberal government aims to clamp down on areas of perceived tax avoidance.
Published in Latest News
Grant Thornton Tax Chart
Grant Thornton Tax Chart
Would businesses really be willing to pay more tax if they had more certainty on what is acceptable for cross-border tax planning?
Published in Latest News
Monday, 02 March 2015 08:00

Do some navel gazing

Illustration: Jeremy Bruneel
Illustration: Jeremy Bruneel
When Craig Burley left Bay Street to open his own tax law practice in Hamilton, Ont., he reveled in his new-found freedom. But he soon discovered the down side of being on his own. Suddenly he was without the support network he once enjoyed at the large firm. Those administrative tasks he now found on his plate seemed something of a distraction and time spent doing them was time away from practising law.
Published in Departments
Monday, 02 February 2015 08:00

These laws are the worst!

Illustration: Matt Daley
Illustration: Matt Daley
There is nothing quite like the silent beauty of snowflakes falling gently to the ground. Until, that is, carloads of snow begin to crash down. It’s a common enough sight in the Great White North, and male Nova Scotians should pack a shovel in their briefcases or knapsacks during the winter, because Mother Nature’s annually ordained dumps of the cold white stuff leads to some serious responsibilities, according to s. 34 of the provincial Public Highways Act. “All physically fit male persons between the ages of sixteen and sixty . . . are required to work with their shovels on the highways during the winter whenever the highways become impassable from snow.” A failure to comply can result in a maximum penalty of $10, or 10 days imprisonment should the fine be ignored.
Published in Features
Monday, 05 January 2015 08:00

Tax guy to the rescue

Illustration: Peter Mitchell
Illustration: Peter Mitchell
Tax lawyers may not be the first guests you gravitate to at a cocktail party but you may want to rethink that notion. In an age when issues of tax morality, transparency, and tax avoidance are grabbing headlines, you’ll forgive them if tax lawyers have a little more swagger in their step these days. Whether they are tax planners or litigators, they have become central players in the risk management of public and private companies.
Published in Features
Monday, 02 June 2014 08:00

Cryptocurrency!

Illustration:Kickpixel
Illustration:Kickpixel
When Jillian Friedman completed her articles at McMillan LLP at the end of last year, the young Montreal lawyer attended by fortuitous happenstance a networking event presentation on bitcoins, a controversial and extremely volatile virtual currency that exists only digitally, as computer code. Friedman, unshaken by the scandals and sordid headlines that have rocked the nascent virtual currency over the past year, was hooked, enticed by the notion of becoming a cryptocurrency legal expert. She is on her way. Heeding the advice of her mentors, Friedman is cultivating a clientele of bitcoin startups, a sector that allows her to share her knowledge and brief legal experience in financial services and general commercial law to an industry pushing for mainstream recognition.
Monday, 06 January 2014 08:00

‘Lightning bolts out of the sky’

Illustration: Peter Mitchell
Illustration: Peter Mitchell
When Rob Kreklewetz started his legal career as a tax and trade lawyer in the 1980s, tax law was a staid, even gentlemanly field of practice involving mostly matters of income tax and other direct taxes. Lawyers “were brought in at the early stage, usually by the client’s accountant, before a notice of objection was filed,” he tells Canadian Lawyer from his office at Millar Kreklewetz LLP in Toronto. “We had 90 days to file (and) delay collection until the amount of collection was determined. It was all very orderly.”
Published in Features
Monday, 09 September 2013 09:00

Extending the long arm of the worldwide Mareva

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Extending the long arm of the worldwide MarevaSome small islands’ courts are making big waves in the world of international freezing orders.
Published in Web exclusive content
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