Oct. 04, 2019 - In SLFI Group v Canada (2019 FCA 217), the Federal Court of Appeal (FCA) overturned a Tax Court of Canada (TCC) decision and ruled that a group of Canadian mutual funds (Funds) was not required to self-assess GST/HST on funding services provided by a U.S. entity, because these services were...
Davies Recognized as Top-Tier Firm in World Tax 2019
International Tax Review (ITR) has listed Davies as a Tier 1 firm in the 2019 edition of its World Tax guide.
In its profile of Davies, ITR commends the firm’s transactional and litigation tax practices, noting that it had “an impressive run of cases” during the research period. Notable recent transactions on which the team has acted include advising McKesson Corporation in its $3 billion acquisition of Rexall and Rexall Pharma Plus; Restaurant Brands International Inc., owner of Burger King and Tim Hortons, in its US$1.8-billion acquisition of Popeyes Louisiana Kitchen, Inc; and HP in its $1.05 billion acquisition of the printer business of Samsung Electronics.
World Tax 2019 is ITR’s annual guide to the most effective tax practitioners in more than 50 jurisdictions globally, as determined by client and peer feedback and evidence of best practice in their work.
Aug. 22, 2019 - As outlined in our e-communications of May 21, 2019, and August 12, 2019, Québec’s Ministry of Finance has introduced new rules regarding the disclosure of nominee agreements. The new disclosure requirement is relevant to nominee agreements involving one or more parties that are subject to Québec tax...