Michael N. Kandev

Partner

Michael N. Kandev

Michael N. Kandev

Partner

Bar Admissions
  • Québec, 2003
    Ontario, 2002

Michael’s clients turn to him for meticulous and innovative tax advice.

Michael provides advice to corporations and individuals on the tax aspects of their transactions, both in Canada and internationally. He works with major Canadian, U.S. and other publicly traded companies, private equity and hedge funds and tax-exempt institutions on investments, financings, mergers and acquisitions, reorganizations and real estate and resource projects. Clients also choose Michael to provide counsel on disputes with tax authorities. He has extensive expertise in international tax issues.

Michael is a frequent speaker at tax conferences in Canada and abroad. He is a contributing editor to the Wolters Kluwer International Tax Journal and is councillor and treasurer of the Canadian branch of the International Fiscal Association.

Michael N. Kandev

Partner

Michael’s clients turn to him for meticulous and innovative tax advice.

Michael provides advice to corporations and individuals on the tax aspects of their transactions, both in Canada and internationally. He works with major Canadian, U.S. and other publicly traded companies, private equity and hedge funds and tax-exempt institutions on investments, financings, mergers and acquisitions, reorganizations and real estate and resource projects. Clients also choose Michael to provide counsel on disputes with tax authorities. He has extensive expertise in international tax issues.

Michael is a frequent speaker at tax conferences in Canada and abroad. He is a contributing editor to the Wolters Kluwer International Tax Journal and is councillor and treasurer of the Canadian branch of the International Fiscal Association.

Mobile Content:

Viking Global Investors LP

Acted for funds affiliated with Viking Global Investors LP in their acquisition of a minority stake in Valsoft Corporation Inc., whose business involves the acquisition and growth of vertical software businesses that provide mission-critical solutions to their clients.

Mobile Content:

Claridge Inc.

Acted for Claridge Inc. in its partnership with Investissement Québec and the Fonds de solidarité FTQ to create an investment vehicle to support Québec food processing companies that show significant growth potential. 

Mobile Content:

Interfor Corporation

Acting for Interfor Corporation in its acquisition for over $325-million of 100% of the equity interests of Kilmer Group-backed Chaleur Forest Products entities.

Mobile Content:

Umicore SA

Acting for Umicore SA/NV, a circular materials technology company headquartered in Belgium, in the development and construction of a first-of-its kind EV battery materials manufacturing plant in Loyalist Township, Ontario, that will be 100% fuelled by renewable energy from the start of production.

Mobile Content:

Interfor Corporation

Acted for Interfor Corporation in its $490-million acquisition of 100% of the equity interests of Kelso & Company-backed EACOM Timber Corporation.

Mobile Content:

Enbridge Inc.

Acted for Enbridge Inc. in the sale of its minority ownership interest in Noverco Inc. to Trencap L.P. for $1.14 billion.

Mobile Content:

Blackstone Tactical Opportunities

Acted as Canadian counsel to funds managed by Blackstone Tactical Opportunities in their acquisition (and related financing) of H.I.G. Capital-backed Sustana Group, a Wisconsin and Quebec-based manufacturer of premium, sustainable recycled fiber, paper, and packaging products.

Mobile Content:

Sobeys Inc.

Acted for Sobeys Inc. in the acquisition of a majority interest in Ricardo Media Inc. and in connection with the related shareholders, use of intellectual property and employment arrangements.

Mobile Content:

Leaseweb Global B.V.

Acted for Leaseweb Global B.V., a leading hosting and cloud services company, in its acquisition of all of the issued and outstanding shares of iWeb Technologies Inc., a subsidiary of Internap Holding LLC and one of Canada's foremost providers of cloud services and server hosting.

Mobile Content:

Waste Management Inc.

Acted as Canadian counsel to Waste Management Inc., one of the leading residential waste and recycling companies in North America, in its sale of certain assets in Canada to GFL Environmental Inc.

Bulletin
Mobile Content:

Highlights of Canada’s Latest Legislative Tax Proposals

Aug. 23, 2022 - The Department of Finance recently released a package of materials containing potential changes to the Canadian tax system (Tax Proposals). The materials, released on August 9, 2022, include draft amendments to the Income Tax Act (Tax Act) to implement certain measures from the 2022...

Article
Mobile Content:

Anti-Hybrid Rules Arrive (Finally) In Canada, co-author

June 20, 2022 - Tax Notes International, Vol. 106, No. 12 (Tax Analysts)
Download this article.

Article
Mobile Content:

UK Upper Tribunal on Multilingual Tax Treaty Interpretation: The RBC v. HMRC Decision, co-author

June 01, 2022 - Wolters Kluwer International Tax (Wolters Kluwer)
Download the article.

Bulletin
Mobile Content:

Federal Budget 2022: Tax Highlights

Apr. 08, 2022 - On April 7, 2022 (Budget Day), the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2022), the second budget since the start of the COVID-19 pandemic. As part of the Trudeau government’s plan to “grow our...

Article
Mobile Content:

Canadian Supreme Court Upholds Loblaw’s Offshore Bank Structure, co-author

Feb. 28, 2022 - Tax Notes International, Vol. 105, No. 9 (Tax Analysts)
Download this article.

Bulletin
Mobile Content:

Top Court Blesses Treaty-Shopping Arrangement: The Alta Energy Decision

Dec. 14, 2021 - The Supreme Court of Canada (SCC) recently rendered its eagerly awaited decision in Canada v Alta Energy Luxembourg S.A.R.L., 2021 SCC 49 (Alta Energy). Six of the nine justices held that the Canadian statutory general anti-avoidance rule (GAAR) did not apply to deny treaty...

Article
Mobile Content:

Canada at the Crossroads of International Tax Reform: Between Harmonization and Tax Competition, co-author

Oct. 26, 2021 - Bulletin for International Taxation, Vol. 75, No. 11/12 (IBFD)
Read the article (available for purchase).

Article
Mobile Content:

The Family Office of Tomorrow: A Canadian Perspective, co-author

Aug. 01, 2021 - Bulletin for International Taxation, Vol. 75, No. 8 (IBFD)
Read the article (available for purchase).

Article
Mobile Content:

Canada and BEPS: What Goes Around Comes Round, co-author

June 28, 2021 - Tax Notes International, Vol. 102, No. 13 (Tax Analysts)
Download this article.

Article
Mobile Content:

Was There a “Liquidation and Dissolution”? A (Corporate) Existential Question, co-author

June 01, 2021 - International Tax Newsletter, No. 118 (Wolters Kluwer)
Download this article.

Mobile Content:

Chambers Global: The World’s Leading Lawyers for Business—Tax

Mobile Content:

Chambers Canada: Canada’s Leading Lawyers for Business—Tax

Mobile Content:

International Tax Review’s World Tax: The Comprehensive Guide to the World’s Leading Tax Firms—General Corporate Tax (Rising Star)

Mobile Content:

The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada—Corporate Tax

Mobile Content:

Lexpert Guide to US/Canada Cross-Border Lawyers in Canada—Tax

Mobile Content:

The Canadian Legal Lexpert Directory—Corporate Tax (Most Frequently Recommended); Estate and Personal Tax Planning: Estate and Tax Planning; Investment Funds and Asset Management: Investment Funds – Tax

Mobile Content:

The Best Lawyers in Canada—Mergers and Acquisitions Law; Tax Law

Mobile Content:

Who’s Who Legal: Canada—Corporate Tax; Who’s Who Legal: Corporate Tax—Advisory

Bar Admissions
Mobile Content:

Québec, 2003
Ontario, 2002

Education
Mobile Content:

Canadian Institute of Chartered Accountants, In-Depth Tax Course
Universiteit Leiden, LLM (International Taxation) (Cum Laude), 2006
McGill University, BCL/LLB (with Great Distinction), 2001

Professional Affiliations
Mobile Content:

Association de planification fiscale et financière
Canadian Tax Foundation
International Fiscal Association

Community Involvement
Mobile Content:

International Fiscal Association, Canada Council, councillor and treasurer
Wolters and Kluwer International Tax Journal, contributing editor

Teaching Engagements
Mobile Content:

Michael has lectured on taxation at McGill University and Université de Montréal.

Michael’s clients turn to him for meticulous and innovative tax advice.

Michael provides advice to corporations and individuals on the tax aspects of their transactions, both in Canada and internationally. He works with major Canadian, U.S. and other publicly traded companies, private equity and hedge funds and tax-exempt institutions on investments, financings, mergers and acquisitions, reorganizations and real estate and resource projects. Clients also choose Michael to provide counsel on disputes with tax authorities. He has extensive expertise in international tax issues.

Michael is a frequent speaker at tax conferences in Canada and abroad. He is a contributing editor to the Wolters Kluwer International Tax Journal and is councillor and treasurer of the Canadian branch of the International Fiscal Association.

Viking Global Investors LP

Acted for funds affiliated with Viking Global Investors LP in their acquisition of a minority stake in Valsoft Corporation Inc., whose business involves the acquisition and growth of vertical software businesses that provide mission-critical solutions to their clients.

Claridge Inc.

Acted for Claridge Inc. in its partnership with Investissement Québec and the Fonds de solidarité FTQ to create an investment vehicle to support Québec food processing companies that show significant growth potential. 

Interfor Corporation

Acting for Interfor Corporation in its acquisition for over $325-million of 100% of the equity interests of Kilmer Group-backed Chaleur Forest Products entities.

Umicore SA

Acting for Umicore SA/NV, a circular materials technology company headquartered in Belgium, in the development and construction of a first-of-its kind EV battery materials manufacturing plant in Loyalist Township, Ontario, that will be 100% fuelled by renewable energy from the start of production.

Interfor Corporation

Acted for Interfor Corporation in its $490-million acquisition of 100% of the equity interests of Kelso & Company-backed EACOM Timber Corporation.

Enbridge Inc.

Acted for Enbridge Inc. in the sale of its minority ownership interest in Noverco Inc. to Trencap L.P. for $1.14 billion.

Blackstone Tactical Opportunities

Acted as Canadian counsel to funds managed by Blackstone Tactical Opportunities in their acquisition (and related financing) of H.I.G. Capital-backed Sustana Group, a Wisconsin and Quebec-based manufacturer of premium, sustainable recycled fiber, paper, and packaging products.

Sobeys Inc.

Acted for Sobeys Inc. in the acquisition of a majority interest in Ricardo Media Inc. and in connection with the related shareholders, use of intellectual property and employment arrangements.

Leaseweb Global B.V.

Acted for Leaseweb Global B.V., a leading hosting and cloud services company, in its acquisition of all of the issued and outstanding shares of iWeb Technologies Inc., a subsidiary of Internap Holding LLC and one of Canada's foremost providers of cloud services and server hosting.

Waste Management Inc.

Acted as Canadian counsel to Waste Management Inc., one of the leading residential waste and recycling companies in North America, in its sale of certain assets in Canada to GFL Environmental Inc.

Bulletin

Highlights of Canada’s Latest Legislative Tax Proposals

Aug. 23, 2022 - The Department of Finance recently released a package of materials containing potential changes to the Canadian tax system (Tax Proposals). The materials, released on August 9, 2022, include draft amendments to the Income Tax Act (Tax Act) to implement certain measures from the 2022...

Article

Anti-Hybrid Rules Arrive (Finally) In Canada, co-author

June 20, 2022 - Tax Notes International, Vol. 106, No. 12 (Tax Analysts)
Download this article.

Article

UK Upper Tribunal on Multilingual Tax Treaty Interpretation: The RBC v. HMRC Decision, co-author

June 01, 2022 - Wolters Kluwer International Tax (Wolters Kluwer)
Download the article.

Bulletin

Federal Budget 2022: Tax Highlights

Apr. 08, 2022 - On April 7, 2022 (Budget Day), the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2022), the second budget since the start of the COVID-19 pandemic. As part of the Trudeau government’s plan to “grow our...

Article

Canadian Supreme Court Upholds Loblaw’s Offshore Bank Structure, co-author

Feb. 28, 2022 - Tax Notes International, Vol. 105, No. 9 (Tax Analysts)
Download this article.

Bulletin

Top Court Blesses Treaty-Shopping Arrangement: The Alta Energy Decision

Dec. 14, 2021 - The Supreme Court of Canada (SCC) recently rendered its eagerly awaited decision in Canada v Alta Energy Luxembourg S.A.R.L., 2021 SCC 49 (Alta Energy). Six of the nine justices held that the Canadian statutory general anti-avoidance rule (GAAR) did not apply to deny treaty...

Article

Canada at the Crossroads of International Tax Reform: Between Harmonization and Tax Competition, co-author

Oct. 26, 2021 - Bulletin for International Taxation, Vol. 75, No. 11/12 (IBFD)
Read the article (available for purchase).

Article

The Family Office of Tomorrow: A Canadian Perspective, co-author

Aug. 01, 2021 - Bulletin for International Taxation, Vol. 75, No. 8 (IBFD)
Read the article (available for purchase).

Article

Canada and BEPS: What Goes Around Comes Round, co-author

June 28, 2021 - Tax Notes International, Vol. 102, No. 13 (Tax Analysts)
Download this article.

Article

Was There a “Liquidation and Dissolution”? A (Corporate) Existential Question, co-author

June 01, 2021 - International Tax Newsletter, No. 118 (Wolters Kluwer)
Download this article.

Chambers Global: The World’s Leading Lawyers for Business—Tax

Chambers Canada: Canada’s Leading Lawyers for Business—Tax

International Tax Review’s World Tax: The Comprehensive Guide to the World’s Leading Tax Firms—General Corporate Tax (Rising Star)

The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada—Corporate Tax

Lexpert Guide to US/Canada Cross-Border Lawyers in Canada—Tax

The Canadian Legal Lexpert Directory—Corporate Tax (Most Frequently Recommended); Estate and Personal Tax Planning: Estate and Tax Planning; Investment Funds and Asset Management: Investment Funds – Tax

The Best Lawyers in Canada—Mergers and Acquisitions Law; Tax Law

Who’s Who Legal: Canada—Corporate Tax; Who’s Who Legal: Corporate Tax—Advisory

Bar Admissions

Québec, 2003
Ontario, 2002

Education

Canadian Institute of Chartered Accountants, In-Depth Tax Course
Universiteit Leiden, LLM (International Taxation) (Cum Laude), 2006
McGill University, BCL/LLB (with Great Distinction), 2001

Professional Affiliations

Association de planification fiscale et financière
Canadian Tax Foundation
International Fiscal Association

Community Involvement

International Fiscal Association, Canada Council, councillor and treasurer
Wolters and Kluwer International Tax Journal, contributing editor

Teaching Engagements

Michael has lectured on taxation at McGill University and Université de Montréal.