Closely Held Corporations: Tax Issues for Commercial Practitioners 2012


Course Date: February 21, 2012

Welcome and Introduction

David Christian — Thorsteinssons LLP, Vancouver

I. The Stages of a Business

A. In the Beginning—How to Structure Early Stages of Business

  • incorporation
  • capitalization
  • financing

Kim M. Ho — Thorsteinssons LLP, Vancouver

B. Taking It To the Next Stage—Expansion and Growth

  • bringing in partners—passive and active
  • restructuring for business combinations

Luke W. Mlynarczyk — Blake, Cassels and Graydon LLP, Vancouver

C. Employees

  • employees—stock options
  • employee benefit plans

Parveen B. Karsan — Koffman Kalef LLP, Vancouver

Networking Break

D. Bumps in the Road

  • divorce and the closely held corporation
  • division of family property
  • how will the Family Law Act affect owners of closely held corporations

Anne DeMeulemeester — Aaron Gordon Daykin Nordlinger, Vancouver

E. When the Curtain Falls

  • business succession
  • sale
  • estate freezing
  • death of a shareholder

David Christian — Thorsteinssons LLP, Vancouver

Lunch (on your own)

II. US Tax Issues For Canadian Practitioners

David G. Roberts — Attorney, San Francisco, CA

Networking Break

III. Roundtable Forum: Common Practice Issues

David Christian — Thorsteinssons LLP, Vancouver
Donald W. Smetheram — Smetheram & Company Law Corporation, Vancouver
Nicholas P. Smith —
Legacy Tax + Trust Lawyers, Vancouver
Ted M. Sutcliffe — Thorsteinssons LLP, Vancouver

Questions and Discussion