Gregg M. Benson

Partner

Gregg M. Benson

Gregg M. Benson

Partner

Expertise
Bar Admissions
  • New York, 2001

Gregg’s business mindset and strong technical skills inform the creative tax solutions he develops for clients.

Gregg advises clients on a wide range of tax issues relating to mergers and acquisitions, cross-border transactions, partnerships and limited liability companies, and structured finance and securitization. He represents non-U.S. investors in private equity funds, as well as investors and developers in renewable energy projects. High-net-worth individuals turn to Gregg for personalized and innovative tax counsel for their businesses. He is regularly called upon to coordinate due diligence teams preparing U.S. tax disclosure for securitization transactions, including offerings of REMIC interests to U.S. and foreign investors.

Before joining Davies, Gregg practised law at leading New York firms, developing significant expertise in negotiating and documenting tax provisions in complex corporate transactions. His clients included American Securities, Onex Corporation and Citigroup, as well as Visa Inc., which he advised during its IPO and pre-IPO restructuring.

Gregg performs pro bono work for various non-profit organizations, including community organizations focusing on arts education and poverty reduction.

Gregg M. Benson

Partner

Gregg’s business mindset and strong technical skills inform the creative tax solutions he develops for clients.

Gregg advises clients on a wide range of tax issues relating to mergers and acquisitions, cross-border transactions, partnerships and limited liability companies, and structured finance and securitization. He represents non-U.S. investors in private equity funds, as well as investors and developers in renewable energy projects. High-net-worth individuals turn to Gregg for personalized and innovative tax counsel for their businesses. He is regularly called upon to coordinate due diligence teams preparing U.S. tax disclosure for securitization transactions, including offerings of REMIC interests to U.S. and foreign investors.

Before joining Davies, Gregg practised law at leading New York firms, developing significant expertise in negotiating and documenting tax provisions in complex corporate transactions. His clients included American Securities, Onex Corporation and Citigroup, as well as Visa Inc., which he advised during its IPO and pre-IPO restructuring.

Gregg performs pro bono work for various non-profit organizations, including community organizations focusing on arts education and poverty reduction.

Bank of Montreal

Acted for Bank of Montreal and a syndicate of lenders in the establishment of a $275-million revolving credit facility for Jamieson Laboratories Ltd. and its U.S. subsidiary.

Russel Metals Inc.

Acted for Russel Metals Inc. in its $160-million acquisition of City Pipe & Supply Corp., a Texas-based supplier of pipe, valves, and fittings to oil and gas companies in the United States.

Amcor Flexibles LLC

Acted for Amcor Flexibles LLC in the US$215-million sale of its three healthcare manufacturing facilities to Tekni-Plex, a globally-integrated company focused on developing and manufacturing products for a wide variety of end markets, including medical, pharmaceutical, food, beverage, personal care, household and industrial.

AirBoss of America Corp.

Acting for AirBoss of America Corp. to form a new defense business, AirBoss Defense Group, through the merger of its AirBoss Defense business and other operations in Acton Vale, Québec, with privately owned, U.S.-based Critical Solutions International, Inc., in a transaction valued at approximately US$132.7 million.

Minority Stockholder

Acted for a minority stockholder of a private company in a buyout of the majority stockholder of that company by way of a cross-border acquisition of all the assets of that company through both equity and debt financing from a private equity firm and an institutional lender.

International Imaging Materials, Inc.

Acted for International Imaging Materials, Inc., a leading developer and manufacturer of value-added consumable solutions for industrial and medical applications and a portfolio company of Altus Capital Partners, in its sale to ACON Investments, LLC.

Canadian Technical Tape Ltd.

Acted for Canadian Technical Tape Ltd. in connection with its acquisition by Intertape Polymer Group Inc., a TSX-listed company.

500 Startups

Acted for 500 Startups in the formation of its first Canadian venture capital seed fund.

BMO Capital Markets and CIBC World Markets Inc.

Acted for a syndicate of underwriters co-led by BMO Capital Markets and CIBC World Markets Inc. in connection with a $193-million bought deal public offering of trust units of Milestone Apartments Real Estate Investment Trust. The REIT intends to use the proceeds from the offering to fund a portion of the purchase price for its US$242-million acquisition of a portfolio of six multi-family properties.

Article

Qualified Opportunity Zones and the Opportunity for Foreign Investors, co-author

July 30, 2019 - International Tax Journal, Vol. 45. No. 4 (Wolters Kluwer)

Bulletin

U.S. Issues Taxpayer-Favourable Regulations Under GILTI and Subpart F Regimes

July 03, 2019 - The U.S. Treasury Department and the IRS have issued guidance relating to the new tax on the “global intangible low-taxed income” (GILTI) of a “controlled foreign corporation” (CFC). Generally, GILTI is the portion of a CFC’s earnings that exceeds a specified return on the CFC’s foreign assets. ...

Speaking Engagement

IFA International Tax Conference 2019, “Select U.S. Legislative & Case Law Developments”; Montréal, QC

May 15, 2019

Bulletin

Canadian and U.S. Tax Laws: A Review of 2018 and a Look Ahead to 2019

Jan. 31, 2019 - In our annual Tax Review and Outlook report, we look back at significant developments in the Canadian and U.S. tax landscapes in 2018 and offer our predictions on what to expect in 2019. Key Canadian Developments in 2018 Budget 2018 scaled back controversial initiative on taxation of passive...

Bulletin

U.S. Tax Laws: A Review of 2018 and a Look Ahead to 2019

Jan. 31, 2019 - Review of U.S. Tax Developments in 2018U.S. taxpayers will remember 2018 as the year spent coming to terms with the tax reform legislation enacted at the end of 2017, known as the Tax Cuts and Jobs Act (TCJA). The TCJA included a surprisingly large number of new tax rules that have...

Article

Selected US Tax Developments, co-author

Dec. 15, 2018 - Canadian Tax Journal, Vol. 66, Issue 4 (Canadian Tax Foundation)
Read more on Selected US Tax Developments.

Bar Admissions

New York, 2001

Education

New York University, LLM, 2005
Fordham University, JD, 2000
Cornell University, BS (Applied Economics & Business Management), 1997

Gregg’s business mindset and strong technical skills inform the creative tax solutions he develops for clients.

Gregg advises clients on a wide range of tax issues relating to mergers and acquisitions, cross-border transactions, partnerships and limited liability companies, and structured finance and securitization. He represents non-U.S. investors in private equity funds, as well as investors and developers in renewable energy projects. High-net-worth individuals turn to Gregg for personalized and innovative tax counsel for their businesses. He is regularly called upon to coordinate due diligence teams preparing U.S. tax disclosure for securitization transactions, including offerings of REMIC interests to U.S. and foreign investors.

Before joining Davies, Gregg practised law at leading New York firms, developing significant expertise in negotiating and documenting tax provisions in complex corporate transactions. His clients included American Securities, Onex Corporation and Citigroup, as well as Visa Inc., which he advised during its IPO and pre-IPO restructuring.

Gregg performs pro bono work for various non-profit organizations, including community organizations focusing on arts education and poverty reduction.

Bank of Montreal

Acted for Bank of Montreal and a syndicate of lenders in the establishment of a $275-million revolving credit facility for Jamieson Laboratories Ltd. and its U.S. subsidiary.

Russel Metals Inc.

Acted for Russel Metals Inc. in its $160-million acquisition of City Pipe & Supply Corp., a Texas-based supplier of pipe, valves, and fittings to oil and gas companies in the United States.

Amcor Flexibles LLC

Acted for Amcor Flexibles LLC in the US$215-million sale of its three healthcare manufacturing facilities to Tekni-Plex, a globally-integrated company focused on developing and manufacturing products for a wide variety of end markets, including medical, pharmaceutical, food, beverage, personal care, household and industrial.

AirBoss of America Corp.

Acting for AirBoss of America Corp. to form a new defense business, AirBoss Defense Group, through the merger of its AirBoss Defense business and other operations in Acton Vale, Québec, with privately owned, U.S.-based Critical Solutions International, Inc., in a transaction valued at approximately US$132.7 million.

Minority Stockholder

Acted for a minority stockholder of a private company in a buyout of the majority stockholder of that company by way of a cross-border acquisition of all the assets of that company through both equity and debt financing from a private equity firm and an institutional lender.

International Imaging Materials, Inc.

Acted for International Imaging Materials, Inc., a leading developer and manufacturer of value-added consumable solutions for industrial and medical applications and a portfolio company of Altus Capital Partners, in its sale to ACON Investments, LLC.

Canadian Technical Tape Ltd.

Acted for Canadian Technical Tape Ltd. in connection with its acquisition by Intertape Polymer Group Inc., a TSX-listed company.

500 Startups

Acted for 500 Startups in the formation of its first Canadian venture capital seed fund.

BMO Capital Markets and CIBC World Markets Inc.

Acted for a syndicate of underwriters co-led by BMO Capital Markets and CIBC World Markets Inc. in connection with a $193-million bought deal public offering of trust units of Milestone Apartments Real Estate Investment Trust. The REIT intends to use the proceeds from the offering to fund a portion of the purchase price for its US$242-million acquisition of a portfolio of six multi-family properties.

Article

Qualified Opportunity Zones and the Opportunity for Foreign Investors, co-author

July 30, 2019 - International Tax Journal, Vol. 45. No. 4 (Wolters Kluwer)

Bulletin

U.S. Issues Taxpayer-Favourable Regulations Under GILTI and Subpart F Regimes

July 03, 2019 - The U.S. Treasury Department and the IRS have issued guidance relating to the new tax on the “global intangible low-taxed income” (GILTI) of a “controlled foreign corporation” (CFC). Generally, GILTI is the portion of a CFC’s earnings that exceeds a specified return on the CFC’s foreign assets. ...

Speaking Engagement

IFA International Tax Conference 2019, “Select U.S. Legislative & Case Law Developments”; Montréal, QC

May 15, 2019

Bulletin

Canadian and U.S. Tax Laws: A Review of 2018 and a Look Ahead to 2019

Jan. 31, 2019 - In our annual Tax Review and Outlook report, we look back at significant developments in the Canadian and U.S. tax landscapes in 2018 and offer our predictions on what to expect in 2019. Key Canadian Developments in 2018 Budget 2018 scaled back controversial initiative on taxation of passive...

Bulletin

U.S. Tax Laws: A Review of 2018 and a Look Ahead to 2019

Jan. 31, 2019 - Review of U.S. Tax Developments in 2018U.S. taxpayers will remember 2018 as the year spent coming to terms with the tax reform legislation enacted at the end of 2017, known as the Tax Cuts and Jobs Act (TCJA). The TCJA included a surprisingly large number of new tax rules that have...

Article

Selected US Tax Developments, co-author

Dec. 15, 2018 - Canadian Tax Journal, Vol. 66, Issue 4 (Canadian Tax Foundation)
Read more on Selected US Tax Developments.

Bar Admissions

New York, 2001

Education

New York University, LLM, 2005
Fordham University, JD, 2000
Cornell University, BS (Applied Economics & Business Management), 1997