Announcement

Davies Named Canadian Tax Firm of the Year by International Tax Review

Recognizing our outstanding transactional tax work over the past year, International Tax Review presented Davies with the award for Canadian Tax Firm of the Year at the 2019 ITR Americas Tax Awards held on September 19 in New York. The award highlighted our involvement in several groundbreaking transactions, including Barrick Gold Corporation's US$18.3-billion share-for-share merger with Randgold Resources Limited; Apotex International Inc.'s sale of its European generics business to Aurobindo Pharma Limited; and Michelin Group's US$1.7-billion acquisition of Camso Inc.

Davies was also recognized for playing a key role in in two Impact Deals of the Year: Barrick’s merger with Randgold and Aurora Cannabis Inc.’s $2.5-billion acquisition of MedReleaf Corp.

Held annually, the ITR Americas Tax Awards celebrate the top tax practices and deals across the Americas, taking into consideration the value of the transaction, complexity, innovation and impact.

Related

Federal Court of Appeal Says Funding Services Not Subject to GST/HST

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...

Extended Deadline for Québec Nominee Agreement Disclosure

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...