OBA Taxation Law / Business Law PROGRAM | Original Program Date: November 30, 2023

Canada’s new regime for the mandatory disclosure of a wide variety of business transactions came into force on June 22, 2023. The requirements contained in sections 237.3 and 237.4 of the Income Tax Act substantially expand the types of business transactions which must be reported to the Canada Revenue Agency by extending the scope of Canada’s reportable transaction rules as well as creating a new category of notifiable transactions. Perhaps as important, a number of persons are required to make their own separate disclosure in relation to a transaction, including not just the taxpayer but also an advisor or promoter to the client, including lawyers.

Join our expert panel of tax and business lawyers as they provide an overview of the new mandatory disclosure rules as well as a practical understanding of the obligations placed on both lawyers and their clients. Ensure you have a clear understanding of the potential conflict that may arise between your duty to your client and other professional obligations, and complying with the legislation. Plus, get the latest update on the constitutional challenge filed by the Federation of Law Societies of Canada, with the CBA as intervenor.

Register now to learn more about these changes and what they mean for your practice!

PROGRAM CHAIRS

Brian Studniberg, Henein Hutchison Robitaille LLP
Kathleen Robichaud, Law Office of Kathleen Robichaud

PROGRAM SPEAKERS

Manjit Singh, Aird & Berlis LLP
Adam Friedlan, Friedlan Law
Claire Hildebrand, Blake, Cassels & Graydon LLP