Olivia Khazam

Associate

Olivia Khazam

Olivia Khazam

Associate

Expertise
Bar Admissions
  • Québec, 2015

Olivia acts for domestic and international clients on a wide range of complex tax issues.

She assists clients on tax planning matters related to corporate reorganizations, mergers and acquisitions, real estate, corporate finance and estate planning. Olivia also has experience with voluntary disclosures and advising clients in disputes with the Canada Revenue Agency and provincial taxation authorities.

Olivia was seconded to Air Canada in the summer of 2014 through our student secondment program.

Olivia Khazam

Associate

Olivia acts for domestic and international clients on a wide range of complex tax issues.

She assists clients on tax planning matters related to corporate reorganizations, mergers and acquisitions, real estate, corporate finance and estate planning. Olivia also has experience with voluntary disclosures and advising clients in disputes with the Canada Revenue Agency and provincial taxation authorities.

Olivia was seconded to Air Canada in the summer of 2014 through our student secondment program.

Bank of Montreal

Acted as Canadian counsel to Bank of Montreal and a syndicate of lenders in connection with the refinancing of the (i) US$900 million term loan and the (ii) C$575 million revolving credit facility made available to certain wholly-owned subsidiaries of BRP Inc.

Alstom Transport Canada Inc.

Acted for Alstom Transport Canada Inc. in connection with the supply of light rail vehicles for the Greater Toronto and Hamilton Area, to Metrolinx, an agency of the Government of Ontario, for a value of $529 million.

Joseph Ribkoff Inc.

Acted for a principal shareholder in the sale of Joseph Ribkoff Inc. to a group of investors led by Novacap Industries and Fonds de solidarité des travailleurs du Québec (F.T.Q.).

Mario Montminy et al.

Successfully represented Mario Montminy and others at the Federal Court of Appeal against the Canada Revenue Agency in a stock option deduction dispute. The court sided with the taxpayers on the eligibility of their deductions.

The Sentient Group

Acted for The Sentient Group in the going-private transaction of Era Resources Inc. effected through a plan of arrangement that included the consolidation of 10,290,619 pre-consolidation common shares of Era to one post-consolidation common share.

Claridge Inc.

Acted for Claridge Inc. in connection with its sale to C.H. Guenther & Son, Inc. of Les Plats du Chef, a Canada-based frozen meal and snack business.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with the sale of its wholly owned subsidiary, Thallion Pharmaceuticals Inc., to Taro Pharmaceuticals Inc., including all the rights to the drug candidate ShigamabT.

Merrimac Manufacturing Co. Inc.

Acted for Merrimac Manufacturing Co. Inc. and First Lasalle Equities Corporation in connection with the sale and leaseback to Skyline Commercial Real Estate Holding Inc. of five commercial properties located in Saint-Jean-sur-Richelieu, Québec.

Alre Properties Inc.

Acted for Alre Properties Inc. in connection with the sale to Fiera Properties Core Fund LP of a portfolio of nine commercial properties located in Québec and one commercial property located in Ontario.

Confidential Client

Acting before the Tax Court of Canada for one of Canada's largest businesses, having over 15,000 employees and operational divisions in multiple economic sectors, in a dispute with the Canada Revenue Agency with respect to SR & ED tax credits.

Locemia Solutions ULC

Acted for Locemia Solutions ULC in connection with the acquisition by Eli Lilly and Company of substantially all of Locemia's assets associated with the research and commercialization of the first needle-free rescue treatment of severe hypoglycemia.

Confidential client

Acting for a prominent family holding corporation in a litigious tax matter before the Tax Court of Canada and Federal Court of Appeal. At issue are reassessments by the Canada Revenue Agency (CRA) adding significant amounts to the client's income under section 94.1 of the Income Tax Act, an anti-avoidance provision designed to tax investments in "offshore investment funds" that were made to avoid Canadian tax. This provision was previously considered inapplicable to day-to-day investments by Canadians in large and reputable international funds.

The Greenberg family

Acted for certain members of the Greenberg family, controlling shareholder of Astral Media Inc., in connection with the $3.38-billion acquisition of Astral Media by BCE Inc.

Bulletin

Draft Legislation on the Taxation of Stock Options

June 19, 2019 - The federal government has released much anticipated draft legislation proposing changes to the rules relating to the taxation of stock options. The legislative proposals are expected to come into force on January 1, 2020, and to apply to option agreements entered into after 2019. The release, on...

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

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

Jan. 31, 2019 - Each year at this time we offer a look back at some of the more significant income tax developments in Canada affecting domestic and international business over the past year and a look ahead to possible Canadian tax developments in the coming year. Legislative Developments in 2018Budget 2018A. ...

Article

Buy, Bump, and Run With a Twist, co-author

June 01, 2018 - Wolters Kluwer International Tax Newsletter, Report No. 100 (Wolters Kluwer Limited)
Reproduced with permission from International Tax Newsletter. Published by and copyright Wolters Kluwer Limited.
Download this article.

Article

CRA Confirms Interpretation of Cap B in Partnership Context

Feb. 01, 2018 - Canadian Tax Focus, Vol. 8, No. 1 (Canadian Tax Foundation)
Read this article.

Bar Admissions

Québec, 2015

Education

McGill University, BCL/LLB (Dean’s Honour List), 2014
McGill University, BComm, 2010

Olivia acts for domestic and international clients on a wide range of complex tax issues.

She assists clients on tax planning matters related to corporate reorganizations, mergers and acquisitions, real estate, corporate finance and estate planning. Olivia also has experience with voluntary disclosures and advising clients in disputes with the Canada Revenue Agency and provincial taxation authorities.

Olivia was seconded to Air Canada in the summer of 2014 through our student secondment program.

Bank of Montreal

Acted as Canadian counsel to Bank of Montreal and a syndicate of lenders in connection with the refinancing of the (i) US$900 million term loan and the (ii) C$575 million revolving credit facility made available to certain wholly-owned subsidiaries of BRP Inc.

Alstom Transport Canada Inc.

Acted for Alstom Transport Canada Inc. in connection with the supply of light rail vehicles for the Greater Toronto and Hamilton Area, to Metrolinx, an agency of the Government of Ontario, for a value of $529 million.

Joseph Ribkoff Inc.

Acted for a principal shareholder in the sale of Joseph Ribkoff Inc. to a group of investors led by Novacap Industries and Fonds de solidarité des travailleurs du Québec (F.T.Q.).

Mario Montminy et al.

Successfully represented Mario Montminy and others at the Federal Court of Appeal against the Canada Revenue Agency in a stock option deduction dispute. The court sided with the taxpayers on the eligibility of their deductions.

The Sentient Group

Acted for The Sentient Group in the going-private transaction of Era Resources Inc. effected through a plan of arrangement that included the consolidation of 10,290,619 pre-consolidation common shares of Era to one post-consolidation common share.

Claridge Inc.

Acted for Claridge Inc. in connection with its sale to C.H. Guenther & Son, Inc. of Les Plats du Chef, a Canada-based frozen meal and snack business.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in connection with the sale of its wholly owned subsidiary, Thallion Pharmaceuticals Inc., to Taro Pharmaceuticals Inc., including all the rights to the drug candidate ShigamabT.

Merrimac Manufacturing Co. Inc.

Acted for Merrimac Manufacturing Co. Inc. and First Lasalle Equities Corporation in connection with the sale and leaseback to Skyline Commercial Real Estate Holding Inc. of five commercial properties located in Saint-Jean-sur-Richelieu, Québec.

Alre Properties Inc.

Acted for Alre Properties Inc. in connection with the sale to Fiera Properties Core Fund LP of a portfolio of nine commercial properties located in Québec and one commercial property located in Ontario.

Confidential Client

Acting before the Tax Court of Canada for one of Canada's largest businesses, having over 15,000 employees and operational divisions in multiple economic sectors, in a dispute with the Canada Revenue Agency with respect to SR & ED tax credits.

Locemia Solutions ULC

Acted for Locemia Solutions ULC in connection with the acquisition by Eli Lilly and Company of substantially all of Locemia's assets associated with the research and commercialization of the first needle-free rescue treatment of severe hypoglycemia.

Confidential client

Acting for a prominent family holding corporation in a litigious tax matter before the Tax Court of Canada and Federal Court of Appeal. At issue are reassessments by the Canada Revenue Agency (CRA) adding significant amounts to the client's income under section 94.1 of the Income Tax Act, an anti-avoidance provision designed to tax investments in "offshore investment funds" that were made to avoid Canadian tax. This provision was previously considered inapplicable to day-to-day investments by Canadians in large and reputable international funds.

The Greenberg family

Acted for certain members of the Greenberg family, controlling shareholder of Astral Media Inc., in connection with the $3.38-billion acquisition of Astral Media by BCE Inc.

Bulletin

Draft Legislation on the Taxation of Stock Options

June 19, 2019 - The federal government has released much anticipated draft legislation proposing changes to the rules relating to the taxation of stock options. The legislative proposals are expected to come into force on January 1, 2020, and to apply to option agreements entered into after 2019. The release, on...

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

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

Jan. 31, 2019 - Each year at this time we offer a look back at some of the more significant income tax developments in Canada affecting domestic and international business over the past year and a look ahead to possible Canadian tax developments in the coming year. Legislative Developments in 2018Budget 2018A. ...

Article

Buy, Bump, and Run With a Twist, co-author

June 01, 2018 - Wolters Kluwer International Tax Newsletter, Report No. 100 (Wolters Kluwer Limited)
Reproduced with permission from International Tax Newsletter. Published by and copyright Wolters Kluwer Limited.
Download this article.

Article

CRA Confirms Interpretation of Cap B in Partnership Context

Feb. 01, 2018 - Canadian Tax Focus, Vol. 8, No. 1 (Canadian Tax Foundation)
Read this article.

Bar Admissions

Québec, 2015

Education

McGill University, BCL/LLB (Dean’s Honour List), 2014
McGill University, BComm, 2010