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.

Canadian Technical Tape Ltd.

Acted for Canadian Technical Tape Ltd. in connection with its acquisition by Intertape Polymer Group Inc.

500 Startups

Acting for 500 Startups in connection with 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.

Bulletin

House Republicans Moving Forward on U.S. Tax Reform

Nov. 03, 2017 - After many promises and surprising secrecy, House Republicans took a significant step toward enacting transformative federal tax legislation on November 2, 2017. The House Republicans released a bill titled the “Tax Cuts and Jobs Act” (Act), which adopts many of the principles set forth in the...

Bulletin

U.S. Treasury Will Scale Back Debt-Equity and Certain Other Regulations

Oct. 10, 2017 - On the basis of an executive order by President Trump to reduce the burden of tax regulations, the Secretary of the Treasury (Secretary) identified on June 22, 2017, eight regulations from January 1, 2016, to be reviewed (June Report). The Secretary has now provided final recommendations (October...

Bulletin

Canadian and U.S. Tax Laws: A Review of 2016 and a Look Ahead to 2017

Jan. 13, 2017 - The year 2016 was eventful from a Canadian tax perspective, with the current Liberal government introducing its first federal budget and important judicial developments that included two decisions in tax cases by the Supreme Court of Canada. Conversely, while U.S. tax developments in 2016 were...

Bulletin

IRS Issues Broad Disclosure Rules for Foreign-Owned Disregarded U.S. Entities

Dec. 15, 2016 - In the flood of guidance being issued in the waning days of the Obama administration, the IRS and Treasury Department have finalized regulations that require foreign owners of single-member U.S. LLCs to file an information return on IRS Form 5472, “Information Return of a 25% Foreign-Owned U.S. ...

Bulletin

Final U.S. Debt-Equity Regulations Are Not as Sweeping as Feared

Oct. 17, 2016 - On October 13, 2016, the Treasury Department released final regulations (and related temporary regulations) under section 385 (Final Regulations).1 The Final Regulations recharacterize certain issuances of related-party debt as equity for U.S. federal tax purposes. The Final Regulations represent a...

Bulletin

United States Proposes Further Limits on Spinoffs

July 19, 2016 - Spinoffs or splitoffs are commonly sought by shareholder activists of public companies to increase shareholder value. Such proposals assume the tax-free nature of the transaction, because a taxable transaction could involve tax to both the distributing corporation (Distributing) and its...

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.

Canadian Technical Tape Ltd.

Acted for Canadian Technical Tape Ltd. in connection with its acquisition by Intertape Polymer Group Inc.

500 Startups

Acting for 500 Startups in connection with 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.

Bulletin

House Republicans Moving Forward on U.S. Tax Reform

Nov. 03, 2017 - After many promises and surprising secrecy, House Republicans took a significant step toward enacting transformative federal tax legislation on November 2, 2017. The House Republicans released a bill titled the “Tax Cuts and Jobs Act” (Act), which adopts many of the principles set forth in the...

Bulletin

U.S. Treasury Will Scale Back Debt-Equity and Certain Other Regulations

Oct. 10, 2017 - On the basis of an executive order by President Trump to reduce the burden of tax regulations, the Secretary of the Treasury (Secretary) identified on June 22, 2017, eight regulations from January 1, 2016, to be reviewed (June Report). The Secretary has now provided final recommendations (October...

Bulletin

Canadian and U.S. Tax Laws: A Review of 2016 and a Look Ahead to 2017

Jan. 13, 2017 - The year 2016 was eventful from a Canadian tax perspective, with the current Liberal government introducing its first federal budget and important judicial developments that included two decisions in tax cases by the Supreme Court of Canada. Conversely, while U.S. tax developments in 2016 were...

Bulletin

IRS Issues Broad Disclosure Rules for Foreign-Owned Disregarded U.S. Entities

Dec. 15, 2016 - In the flood of guidance being issued in the waning days of the Obama administration, the IRS and Treasury Department have finalized regulations that require foreign owners of single-member U.S. LLCs to file an information return on IRS Form 5472, “Information Return of a 25% Foreign-Owned U.S. ...

Bulletin

Final U.S. Debt-Equity Regulations Are Not as Sweeping as Feared

Oct. 17, 2016 - On October 13, 2016, the Treasury Department released final regulations (and related temporary regulations) under section 385 (Final Regulations).1 The Final Regulations recharacterize certain issuances of related-party debt as equity for U.S. federal tax purposes. The Final Regulations represent a...

Bulletin

United States Proposes Further Limits on Spinoffs

July 19, 2016 - Spinoffs or splitoffs are commonly sought by shareholder activists of public companies to increase shareholder value. Such proposals assume the tax-free nature of the transaction, because a taxable transaction could involve tax to both the distributing corporation (Distributing) and its...

Bar Admissions

New York, 2001

Education

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