Peter provides clients with clear, comprehensive advice and creative tax solutions. His practice focuses on taxation, wills and estate planning advice to high net worth individuals, and general corporate commercial law. He advises corporate clients on a broad range of matters, including reorganizations, financings, acquisitions and divestitures, the sale of private corporations to strategic buyers, shareholder agreements and executive compensation arrangements.
SEPTEMBER 01 2021
Intergenerational Transfer of Family Businesses After Bill C-208
The passage of Bill C-208, effective June 29, 2021, has generated increased attention to the issues and planning opportunities surrounding the sale of family owned businesses, particularly where a sale of shares may qualify for the lifetime capital gains exemption for "qualified small business corporation" shares, or QSBC shares.
APRIL 19 2020
Working From Home in the Time of COVID-19
Given the large numbers of people, both employed and self-employed, who are currently working from home in order to comply with physical distancing guidelines, it is useful to review the rules surrounding the deduction of home office expenses, for purposes of the Income Tax Act (Canada) (herein the "Act"). While there are many similarities, there are some subtle differences in the restrictions that apply to employees earning employment income versus self-employed individuals earning income from carrying on a business at home.
APRIL 14 2020
Canada Emergency Wage Subsidy - What Does the Legislation Say?
On April 11, 2020, the federal government passed Bill C-14 (A second Act respecting certain measures in response to COVID-19; the "Act") which amended the Income Tax Act to implement the 75% COVID-19 emergency wage subsidy first announced by the government on March 27, 2020.
On a high-level basis, the Act provides a 75% wage subsidy (up to a maximum of $847 per week) to employers in respect of employees that continue to be employed during the crisis. As always, however, the devil is in the details and a careful examination of the legislation is needed to determine whether any given employer will qualify for the subsidy.
MARCH 19 2020
Federal Government Announces Support Plan for Canadian Households and Business
On March 18, 2020, the Federal Government released an $82 billion package in financial support - $27 billion in direct relief to workers and business, and $55 billion to meet liquidity needs of Canadian businesses and households through the deferral of certain income tax obligations.
JULY 28 2017
Peter Guselle, shares his perspective with the CBC around the impact taxing private corporations will have on small business
Income Fund Conversion
Conversion of a public corporation into an income fund with significant cross-border operations
Going Private Transactions
In respect of "going private" transactions
Sale of Privately Held Real Estate Portfolio
Advising in respect of the sale of a privately held real estate portfolio, held by multiple owners, to a Canadian pension fund
Sale of Outstanding Shares
Advising in respect of the sale of the outstanding shares of a public corporation by way of a plan of arrangement involving exchangeable shares
Creation of Real Estate Investment Vehicles
Creation of investment vehicles to invest in Canadian and U.S. real estate
Offshore Investment Canadian Tax Advice
Canadian tax advice with respect to the formation of an offshore investment fund in the Cayman Islands;
Sale of Private Corporations
Advising in respect of the sale of Canadian private corporations to strategic buyers, and investments in Canadian private corporations by venture capital funds
Tax and Estate Planning Advice to High Net Worth Families
Tax and estate planning advice to high net worth families (with net worth in excess of $100 million);
Advising with respect to typical corporate reorganizations, financings, acquisitions and divestitures, shareholder agreements, employee and executive compensation arrangements, etc.
Representation of Taxpayers Before the Tax Court of Canada
Representing taxpayers before the Tax Court of Canada (and acting as co-counsel in respect of an appeal to the Federal Court of Appeal) as well as other forms of tax dispute resolution (i.e. Notices of Objection, fairness requests, etc.)
"Lexpert" Big Deals - Fogler, Rubinoff Represents OSEG
Fogler, Rubinoff LLP represented OSEG on certain matters (including the acquisition of the Ottawa 67's, dealings with the Canadian Football League and the Ontario Hockey League and other matters relating to the sports teams)
- Ontario Bar Association 2013 Institute Program, February 2013, Toronto, "Introduction to Corporate Tax Issues"
- Canadian Tax Foundation
- Law Society of Ontario
- Queen's University, B.Comm. 1976
- Osgoode Hall Law School, LLB, 1979