Dealing with Canada in Wealth, Tax and Succession Planning
About this webinar
Chambers High Net Worth Editor , Simon Christian was joined by Miller Thomson LLP to discuss:
- An Overview of the Canadian Tax and Succession Regime, including “taxable Canadian property’
- Planning Opportunities and Pitfalls for Global Families with Canadian Connections
- Canada’s new Trust Reporting Rules
- Taxation of Non-resident and Deemed Resident Trusts
- Flow-through and Alternative Business Structures in Canada
Simon Christian, Editor - HNW Chambers and Partners
Simon was a researcher and later a deputy editor on the Chambers UK team, before becoming editor of the Chambers High Net Worth guide. He has an LLB in Laws from University College London. He also studied for the BPTC at City Law School and was Called to the Bar at Middle Temple.
Wendi P. Crowe, Partner, Miller Thomson LLP
Wendi Crowe leads our national Private Client Services group. Her practice focuses on tax, mergers & acquisitions, business succession planning, trusts and estate planning for Canadian, U.S. and international clients. She uses a practical, holistic approach to assist owner-managers in achieving their business succession goals. Wendi has assisted numerous entrepreneurs in transferring their business to a new owner, to key employees or to family members. Wendi’s clients include private and family enterprises, large and small, ranging from professional service firms to construction, manufacturing and technology companies. In addition, Wendi has extensive experience in probate and estate administration. Wendi advises clients at all stages of the business life cycle, including incorporation and initial ownership structure, partnership and shareholder agreements, compensation issues including employee profit-sharing plans and stock options, acquisitions and divestitures, estate freezes and other restructuring. She prepares trusts for minors, spouses and dependent adults, family trusts, and wills, powers of attorney and personal (health care) directives. Wendi advises individuals on owning U.S. property and planning for U.S. citizens and U.S. beneficiaries. Her approach to transactions is practical and multi-faceted, addressing the operational, regulatory, tax, succession and estate planning issues facing individuals and family enterprises. Wendi has acted in both the acquisition and disposition ofprivately-heldbusinesses in a broad range of industries such as construction, hospitality manufacturing, distribution, technology, consulting, aviation, and service firms.
Rahul Sharma Partner Miller Thomson LLP
Rahul Sharma advises Canadian and international clients on a variety of tax, trust, and estate planning matters. He is experienced with cross-border and international trust and estate matters and matters involving offshore or non-resident trusts with ties to Canada. Rahul also counsels clients in the areas of Canadian corporate income tax and business succession planning. Rahul’s practice involves both personal and corporate income tax planning for high net-worth individuals, corporations, trusts, and estates. He regularly advises clients on tax-efficient will, trust, estate, and business succession planning, including tax planning for individuals and trusts emigrating from and immigrating to Canada. Rahul also deals with matters involving offshore and non-resident trusts with ties to Canada and regularly counsels both resident and nonresident trustees and trust companies regarding Canadian tax matters
William J. Fowlis, QC, FCPA, FCA, TEP, FEA Partner Miller Thomson LLP
Bill Fowlis, QC, FCPA, FCA, TEP, FEA is a lawyer, a Chartered Professional Accountant/Chartered Accountant, and a Trust and Estate Practitioner (TEP). With this complementary professional background, Bill focuses on taxation, corporate, trust, succession, and estate planning law for privately owned businesses, corporations, family enterprises and high net worth individuals. His practice covers merger and acquisition transactions with a focus on private corporations and dealing with taxation authorities on contentious matters on behalf of his clients. Bill was appointed Queen’s Counsel and awarded a Fellow of the Chartered Accountants (FCA) designation in 2014. Bill was the national leader in tax law for Miller Thomson from 2008-2015 and the Firm’s national lead for corporate tax from 2015 to 2017. He has been a partner at Miller Thomson since 1988 and was the Calgary office Managing Partner and a member of the Firm’s National Executive Committee from 2000-2006. Bill is ranked by the Chambers HNW Guide for Private Wealth Law – Canada. He was named Lawyer of the Year for 2015 in the area of tax law for Calgary by The Best Lawyers in Canada list in addition to being listed by Best Lawyers in Canada in the areas of tax law, trusts and estates, and international trade and finance law.