Recent Publications

Recent Publications

September 12, 2023 by Mandeep Gaheer

Bring it back – Repatriating profits from Canada to the U.S.

In our latest Tax Alert, we take a look at repatriation planning. Specifically, we examine the most effective tax strategies for a Canadian subsidiary (“CanCo”) to repatriate profits to its U.S. parent corporation (“USCo”).

July 26, 2023 by Mike Hayward, Dean Morris

BT Canada offers recommendations on transfer pricing reform

At Baker Tilly Canada, we are committed to helping ensure fairness and integrity in the Canadian tax system.

As part of this commitment, we are grateful for the opportunity to provide our input on the Department of Finance consultation paper regarding reform and modernization of Canada’s transfer pricing rules.

June 19, 2023 by Ryan Minor

Handle with care – Understanding how employee ownership trusts work

Budget 2023 proposes to introduce “employee ownership trusts” (EOTs) to encourage employee ownership of a business and facilitate the transition of privately owned businesses to employees. The EOT structure was influenced by similar approaches in the United Kingdom and the United States. The proposed amendments have an effective date of Jan. 1, 2024.

May 25, 2023 by Dean Morris

Transfer pricing and small‑ to medium‑sized enterprises

Much like large global companies, small‑ to medium‑sized enterprise multinational enterprises (MNEs) may be subject to complex transfer pricing requirements. As governments increasingly seek to protect their tax base, our new Tax Alert focuses on the transfer pricing challenges and considerations facing small‑ to medium‑sized enterprise MNEs.

April 20, 2023 by Mike White

Remote work and law firm culture: more than just foosball tables and kegs !

The biggest chokepoint in law firms these days is the inability to align most lawyers ⁠–⁠ particularly younger lawyers ⁠–⁠ around behaviors that keep their firm most healthy. I am often asked, “This remote/hybrid work model is shielding our people from the collective ambition and shared expectations that are the mother’s milk of firm success. How do we motivate our lawyers to really extend themselves for our firm, and what should those contributions look like?”

April 20, 2023 by Heather Gray-Grant

Why should associates stay with their law firm?

While I help law firms deal with a myriad of issues, the top focus of my consulting advice in 2022 had to be associate churn. So, here is a two‑part post on this issue. First, I want to speak to associates who are considering leaving their firm. Next, I will speak to law firms about how to create conditions that will lessen associate temptations to leave.

April 20, 2023 by Carlos Arcos, Jordan Furlong, Heather Gray-Grant, Mike White

Managing challenges and maximizing opportunities

Now more than ever, law firms must continually reevaluate how they operate. With this in mind, our new Lawyers Alert examines a variety of relevant topics, including how to effectively incorporate your firm’s litigation successes as part of your overall marketing strategy, the impact of large language models (such as ChatGPT4) on the legal sector, ways in which firms can reduce associate churn and fostering a culture that motivates lawyers to truly perform at their best. We encourage you to review these feature articles, as they offer sharp insight and actionable advice to give your firm an edge.

March 28, 2023

2023 Federal Budget Commentary

The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today tabled her third budget – “A Made in Canada Plan” – which plans to build a stronger, more sustainable, and a more secure Canadian economy – for everyone.