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Turning Losses Into Gains: Private Equity Tax Strategies With Distressed Businesses

Private equity (PE) firms play a critical role in revitalizing struggling businesses by providing, among other things, financial support and operational expertise. PE transactions are often driven by a combination of...more

2024 Taxation Year Reporting Exemption for Bare Trusts

On October 29, 2024, the Canada Revenue Agency (CRA) announced that bare trusts are once again exempt from filing the T3 Income Tax and Information Return (including Schedule 15 regarding beneficial ownership information of a...more

Managing the Tax Residency of Foreign Affiliates in the Face of the COVID-19 Restrictions

The COVID-19 pandemic has resulted in the imposition of travel restrictions by governments and businesses. While such restrictions are no doubt valuable in "flattening the curve", they do, amongst other things, pose...more

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