James Trougakos

Associate

James Trougakos

James Trougakos

Associate

Expertise
Bar Admissions
  • Québec, 2020
    Ontario, 2019

James is developing a broad tax practice.

He assists clients on a range of tax matters, including tax planning and dispute resolution before the tax authorities.

James served as a judicial law clerk at the Tax Court of Canada. In 2017, he was seconded to Resolute Forest Products through our Student Secondment Program.

James Trougakos

Associate

James is developing a broad tax practice.

He assists clients on a range of tax matters, including tax planning and dispute resolution before the tax authorities.

James served as a judicial law clerk at the Tax Court of Canada. In 2017, he was seconded to Resolute Forest Products through our Student Secondment Program.

Glencore Canada Corporation

Acting for Glencore Canada Corporation in its dispute before the Tax Court of Canada with respect to the tax treatment of break fees.

New Look Vision Group

Acting for New Look Vision Group in its acquisition of substantially all of the assets of Miami-based Coco Lunette Holding, LLC, which carries on business principally under the Edward Beiner banner, a retailer known for its unique and original designer eyewear, with a strong presence in key premium markets across 12 locations in Florida.

Trivest Partners L.P.

Acted for Trivest Partners L.P., a U.S. private equity firm focused exclusively on mid-market founder- and family-owned businesses, in its add-on acquisition of Total Power Limited, a Canadian provider of generators and climate control systems operating in Ontario, British Columbia and Alberta. The purchase was financed through various arrangements, including equity contributions and an increase in Trivest's senior secured facility with its bank syndicate.

Private Equity Firm

Representing a private equity group before the Tax Court of Canada in connection with a dispute involving foreign exchange forward contracts in what is commonly referred to as "straddle" trading undertaken by a substantial number of taxpayers.

J.G. Guy Simard et al.

Acted for Colonel J.G. Guy Simard (retired) and other taxpayers who participated in the "Synergy Program", a program designed to provide funding for start-up businesses, in their dispute before the Tax Court of Canada with the Canada Revenue Agency over the deductibility of related losses. The appeals served as de facto representative cases for approximately 4000 other taxpayers who contested potentially over two hundred million dollars in tax deductions.

Bulletin

Deadlines Under Federal Legislation Temporarily Extended Due to COVID-19

Sept. 24, 2020 - Introduction Parliament passed on July 27, 2020, the Time Limits and Other Periods Act (COVID-19) (Time Limits Act), which we summarized in a previous bulletin. Briefly, the Time Limits Act automatically suspends statutory time limits for federal civil proceedings for six months and...

Bulletin

Canada Emergency Wage Subsidy: An Updated Guide for Businesses

Aug. 25, 2020 - The federal government passed legislation on July 27, 2020, extending the Canada Emergency Wage Subsidy (CEWS) and significantly broadening its reach. In this guide, we provide a comprehensive review and analysis of the CEWS program, including details of the latest updates and key considerations...

Bulletin

CEWS Update: Review of New Rules and CRA Guidance

June 09, 2020 - Introduction Earlier this year, Parliament enacted legislation adopting the Canada Emergency Wage Subsidy (CEWS) through amendments to the Income Tax Act (Canada) (Act). We previously reviewed the initial legislation in detail. Read our earlier analysis. In a press release issued on May...

Bulletin

Canadian Government’s Proposed Extension of Time Limits Due to COVID-19

May 27, 2020 - As part of the federal government’s response to the COVID-19 pandemic, the Department of Finance recently published a draft legislative proposal, the Time Limits and Other Periods Act (COVID-19) (Proposal), that, if implemented, would provide for an automatic six-month suspension of time...

Bulletin

The Canada Emergency Wage Subsidy: A Guide for Businesses

Apr. 23, 2020 - Introduction Parliament has enacted legislation adopting the Canada Emergency Wage Subsidy (CEWS) through amendments to the Income Tax Act (ITA). Although the CEWS program is not tax legislation, by implementing the CEWS through the ITA, the government sought to leverage existing income...

Article

Obscure Canadian Withholding Tax Rule a Trap for the Unwary, co-author

Mar. 09, 2020 - Tax Notes International, Vol. 97, No. 10 (Tax Analysts)
Download this article.

Bulletin

Mining Equipment Exemption from Municipal Taxes Receives Strict Interpretation

Nov. 08, 2019 - The Court of Québec (Court) recently rendered its decision 1 in respect of Bloom Lake General Partner Limited’s (Mining Operator’s) appeal from the ruling of the Tribunal administratif du Québec (TAQ, Québec’s Administrative Tribunal). The Court pointed out that its decision now provides a...

University of Ottawa—BLG Professional Excellence Award; Davies Award; De Granpré Chait Award for Contract Law; Fasken Martineau Award; Merit Scolarship; Wilson & Lafleur Award (2015)

Bar Admissions

Québec, 2020
Ontario, 2019

Education

McGill University, BCL/LLB, 2018

Professional Affiliations

Canadian Tax Foundation
Hellenic Canadian Lawyers’ Association

James is developing a broad tax practice.

He assists clients on a range of tax matters, including tax planning and dispute resolution before the tax authorities.

James served as a judicial law clerk at the Tax Court of Canada. In 2017, he was seconded to Resolute Forest Products through our Student Secondment Program.

Glencore Canada Corporation

Acting for Glencore Canada Corporation in its dispute before the Tax Court of Canada with respect to the tax treatment of break fees.

New Look Vision Group

Acting for New Look Vision Group in its acquisition of substantially all of the assets of Miami-based Coco Lunette Holding, LLC, which carries on business principally under the Edward Beiner banner, a retailer known for its unique and original designer eyewear, with a strong presence in key premium markets across 12 locations in Florida.

Trivest Partners L.P.

Acted for Trivest Partners L.P., a U.S. private equity firm focused exclusively on mid-market founder- and family-owned businesses, in its add-on acquisition of Total Power Limited, a Canadian provider of generators and climate control systems operating in Ontario, British Columbia and Alberta. The purchase was financed through various arrangements, including equity contributions and an increase in Trivest's senior secured facility with its bank syndicate.

Private Equity Firm

Representing a private equity group before the Tax Court of Canada in connection with a dispute involving foreign exchange forward contracts in what is commonly referred to as "straddle" trading undertaken by a substantial number of taxpayers.

J.G. Guy Simard et al.

Acted for Colonel J.G. Guy Simard (retired) and other taxpayers who participated in the "Synergy Program", a program designed to provide funding for start-up businesses, in their dispute before the Tax Court of Canada with the Canada Revenue Agency over the deductibility of related losses. The appeals served as de facto representative cases for approximately 4000 other taxpayers who contested potentially over two hundred million dollars in tax deductions.

Bulletin

Deadlines Under Federal Legislation Temporarily Extended Due to COVID-19

Sept. 24, 2020 - Introduction Parliament passed on July 27, 2020, the Time Limits and Other Periods Act (COVID-19) (Time Limits Act), which we summarized in a previous bulletin. Briefly, the Time Limits Act automatically suspends statutory time limits for federal civil proceedings for six months and...

Bulletin

Canada Emergency Wage Subsidy: An Updated Guide for Businesses

Aug. 25, 2020 - The federal government passed legislation on July 27, 2020, extending the Canada Emergency Wage Subsidy (CEWS) and significantly broadening its reach. In this guide, we provide a comprehensive review and analysis of the CEWS program, including details of the latest updates and key considerations...

Bulletin

CEWS Update: Review of New Rules and CRA Guidance

June 09, 2020 - Introduction Earlier this year, Parliament enacted legislation adopting the Canada Emergency Wage Subsidy (CEWS) through amendments to the Income Tax Act (Canada) (Act). We previously reviewed the initial legislation in detail. Read our earlier analysis. In a press release issued on May...

Bulletin

Canadian Government’s Proposed Extension of Time Limits Due to COVID-19

May 27, 2020 - As part of the federal government’s response to the COVID-19 pandemic, the Department of Finance recently published a draft legislative proposal, the Time Limits and Other Periods Act (COVID-19) (Proposal), that, if implemented, would provide for an automatic six-month suspension of time...

Bulletin

The Canada Emergency Wage Subsidy: A Guide for Businesses

Apr. 23, 2020 - Introduction Parliament has enacted legislation adopting the Canada Emergency Wage Subsidy (CEWS) through amendments to the Income Tax Act (ITA). Although the CEWS program is not tax legislation, by implementing the CEWS through the ITA, the government sought to leverage existing income...

Article

Obscure Canadian Withholding Tax Rule a Trap for the Unwary, co-author

Mar. 09, 2020 - Tax Notes International, Vol. 97, No. 10 (Tax Analysts)
Download this article.

Bulletin

Mining Equipment Exemption from Municipal Taxes Receives Strict Interpretation

Nov. 08, 2019 - The Court of Québec (Court) recently rendered its decision 1 in respect of Bloom Lake General Partner Limited’s (Mining Operator’s) appeal from the ruling of the Tribunal administratif du Québec (TAQ, Québec’s Administrative Tribunal). The Court pointed out that its decision now provides a...

University of Ottawa—BLG Professional Excellence Award; Davies Award; De Granpré Chait Award for Contract Law; Fasken Martineau Award; Merit Scolarship; Wilson & Lafleur Award (2015)

Bar Admissions

Québec, 2020
Ontario, 2019

Education

McGill University, BCL/LLB, 2018

Professional Affiliations

Canadian Tax Foundation
Hellenic Canadian Lawyers’ Association