“Obviously he has outstanding technical skills, but what sets him apart from other practitioners is that he is thoughtful in his advice, practical, business-oriented and very responsive.”
Ian draws on more than 25 years of experience to advise clients on a wide range of domestic and cross-border mergers, acquisitions, investments and financings. Known for his expertise across diverse industries, Ian is relied on by clients for ongoing strategic and general tax advice.
He regularly advises Canada-based multinationals on their international tax matters and assists corporations with their reorganization and restructuring activities. Private equity fund clients turn to Ian for his extensive experience in advising on fund formation and fund investments.
Ian is considered a trusted adviser who brings “a new perspective” to our clients’ issues. (Chambers Canada 2016)
Ian is co-chair, legal, of the HSC Industry Leaders fundraising campaign.
InstarAGF Asset Management Inc.
Acted for InstarAGF Asset Management Inc. in the formation of US$1.2-billion InstarAGF Essential Infrastructure Fund II, an infrastructure fund focused on investments in North America, with limited partners from Canada, U.S., Europe and Asia.
Healthcare of Ontario Pension Plan
Acted for Healthcare of Ontario Pension Plan on its minority equity investment in Herschel Supply Co., a design-driven global lifestyle brand.
Canadian Business Growth Fund
Acted for Canada's leading banks and insurance companies to form the Canadian Business Growth Fund, an independent evergreen fund with a national mandate to provide long-term patient, minority capital to entrepreneurs pursuing growth and expansion strategies.
Birch Hill Equity Partners
Acted for Birch Hill Equity Partners in connection with its acquisition of a majority stake in Cozzini Bros., an Illinois-based knife sharpening rental and exchange company.
Acted for 500 Startups in the formation of its first Canadian venture capital seed fund.
Cadillac Fairview Corporation
Acted for Cadillac Fairview Corporation in the sale of a 50% non-managing interest in its Vancouver portfolio, including CF Pacific Centre and 12 office towers, to Ontario Pension Board and the Workplace Safety and Insurance Board.
Northleaf Capital Partners
Acted for Northleaf Capital Partners in connection with the establishment of a US$1.4-billion Northleaf global private credit program and Northleaf's related acquisition, through a new Northleaf-managed investment fund, of a 16% equity stake in Antares Holdings from CPPIB Credit Investments Inc.
InstarAGF Asset Management Inc.
Acted for InstarAGF Asset Management Inc. in connection with the formation of InstarAGF Essential Infrastructure Fund with total equity capital commitments of $740 million.
Oxford Park Group
Acted for Oxford Park Group in the formation of PointNorth Capital LP, a fund that continued Oxford Park's strategy of making special situation investments.
Cadillac Fairview Corporation Limited
Acted for Cadillac Fairview Corporation Limited in connection with the sale of a 30% non-managing interest in the Toronto-Dominion Centre and a concurrent sale of 30% interest in an office development site at 16 York Street to the Ontario Pension Board.
Canadian Tax Laws: A Review of 2019 and a Look Ahead to 2020
Jan. 30, 2020 - Each year at this time we look back at some of the more significant income tax developments in Canada affecting domestic and international business over the past year and look ahead to possible Canadian tax developments in the coming year. Review of Canadian Tax Developments in 2019Tax...
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...
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...
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. ...
Tax Court Finds That Broker Fees on a Private Company Sale Were GST/HST-Taxable
May 10, 2018 - The Tax Court of Canada recently released its decision in Barr v. The Queen, 2018 TCC 86, which considered whether share-sale commissions were exempt from HST. The taxpayer was the sole shareholder of a Canadian company. He had retained two brokers for the sale of his company or its...
2018 Federal Budget: Tax Highlights
Feb. 27, 2018 - As anticipated, today’s federal budget (Budget 2018) focuses on a few targeted areas, including the taxation of passive investments made by private corporations, and does not contain any measures in response to the enactment of tax reform in the United States or relating to the OECD BEPS initiative....
In the News
Ian Crosbie Reacts to Federal Court of Appeal Decision in Lawyer’s Daily
Feb. 23, 2018 - In a recent article (available to subscribers) published in The Lawyer’s Daily, Davies partner Ian Crosbie commented on the decision of the Federal Court of Appeal (FCA) in Canada v. Oxford Properties Group Inc.The case centred on a number of transactions undertaken by Oxford...
U.S. Tax Laws: A Review of 2017 and a Look Ahead to 2018
Jan. 11, 2018 - Each year at this time, we offer a look back at some of the more significant income tax developments in the United States affecting domestic and international business over the past year and a look ahead to possible U.S. tax developments in the coming year. Tax Developments in 2017As we predicted...
Canadian Tax Laws: A Review of 2017 and a Look Ahead to 2018
Jan. 11, 2018 - 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. Developments in 2017 1. Legislative...
Department of Finance Releases Revised Income Splitting Rules
Dec. 13, 2017 - Earlier this year, the Department of Finance released a set of far-reaching proposals affecting the taxation of private businesses and their shareholders. Only Rip Van Winkle missed the firestorm reaction to these proposals from a broad range of affected parties. Ultimately, the Government...
Chambers Global: The World’s Leading Lawyers for Business—Tax (Band 1)
Chambers Canada: Canada’s Leading Lawyers for Business—Tax (Band 1)
Tax Directors Handbook
The Legal 500 Canada—Tax (Leading Lawyer)
The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada—Corporate Tax
Lexpert Special Edition: Finance and M&A
Lexpert Guide to US/Canada Cross-Border Lawyers in Canada—Tax
The Canadian Legal Lexpert Directory—Corporate Tax (Most Frequently Recommended)
The Best Lawyers in Canada—Tax Law (Lawyer of the Year 2019, Toronto)
Who’s Who Legal: Canada—Corporate Tax (Most Highly Regarded); Who’s Who Legal: Corporate Tax—Advisory; Controversy; Who’s Who Legal: Thought Leaders—Corporate Tax
Expert Guides’ Best of the Best; Expert Guides—Tax