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Exclusive IR Global Advisor for Tax (Law) in Canada – East and Tax (Law) in Canada – Quebec since 2017

Ted Citrome

Partner, Torkin Manes LLP

+1 416-360-4735

Biography

Ted’s practice focuses on all aspects of Canadian taxation with a particular emphasis on the taxation of inbound investment, acquisitions/divestures, reorganizations and corporate finance. Ted has acted on many significant transactions across several industries, including manufacturing, automotive, mining, real estate, and technology. Ted also has extensive experience advising multinational groups on structuring their Canadian operations and investments in a tax-efficient manner.

Ted’s approach to tax law is to provide clear, practical and pragmatic advice that helps clients achieve their business objectives.

Ted has been a speaker at many conferences, including those of the Canadian Tax Foundation, Insight Information, Infonex, Federated Press, the Ontario Bar Association and the Law Society of Upper Canada. He has also been an instructor of the tax course at the University of Toronto Bar Exam Prep Course. Ted has been widely published on a variety of tax topics in several Canadian publications, and has been quoted on tax matters in the National Post and on cbc.ca.

Representative Transactions

Ted’s experience includes representing:

Contrans Group Inc. in its acquisition by Transforce Inc.
Lundin Mining Corporation in its public offering of subscription receipts and senior secured notes
Starwood Capital Group in its acquisition of Westin hotel properties across Canada
True North Commercial REIT in its formation and public financings
AUX Canada Acquisition 2 Inc. in its acquisition of Galway Resources Ltd.
Crocodile Gold Corp. in its public offering of convertible debentures
Barrick Gold Corporation in its acquisition of Equinox Minerals Ltd., Lexpert’s “Deal of the Year” in 2011
Newport Partners Income Fund in its debenture restructuring
Petrominerales Ltd. in connection with a divisive spin-off reorganization by Petrobank Energy and Resources Ltd. of its approximate 65% interest in Petrominerales
Tim Hortons Inc. in its reorganization to become a Canadian public corporation
CanWest Global Communications Corp. in its acquisition of Alliance Atlantis Communications Inc., Lexpert’s “Deal of the Year” in 2007

PROFESSIONAL INVOLVEMENT

Canadian Bar Association
Ontario Bar Association
Canadian Tax Foundation
COMMUNITY INVOLVEMENT

Instructor, University of Toronto Bar Exam Prep Course, Toronto

PUBLICATIONS/PRESENTATIONS

Speaker, “Crowdfunding Primer for Business Lawyers,” Law Society of Upper Canada, Toronto, 2015
Speaker, “Canadian CFO – Where Enterprise and Mid-Market Connect,” Insight Information, Toronto, 2014
Speaker, “Taxation Law: Key Tax Planning Considerations in Your Practice,” Ontario Bar Association’s Institute, Toronto, 2014
“Crowdfunding Proceeds May Be Taxable,” 2013
Speaker, “Canadian Mining Taxation Strategies,” Infonex, Toronto, 2013
Speaker, “6th Taxation of Inbound Investment Course,” Federated Press, Toronto, 2012
Speaker, “Mining Taxation Strategies,” Infonex, Toronto, 2012
“US reporting requirements applicable to Canadian issuers with US security holders,” Lexology, March 2012
Speaker, “5th Taxation of Inbound Investment Course,” Federated Press, Toronto, 2011
Speaker, “5th Tax Essentials of Business Transactions Course,” Federated Press, Toronto, 2010
“The Taxation of Mergers and Acquisitions in Canada,” IFA – Bulletin for International Taxation, August/September 2009 (with Patrick Marley)
“An Introduction to Paragraph 55(3)(a),” Canadian Tax Foundation – 58th Annual Conference Report, 2006
“Now That I Have Paid You… Are Your Fees Deductible? The Tax Treatment of Transaction Costs – Part II,” Business Vehicles, Volume X, No. 2, 2005 (with Carrie D’Elia)
“Now That I Have Paid You… Are Your Fees Deductible? The Tax Treatment of Transaction Costs – Part I,” Business Vehicles, Volume IX, No. 4, 2004 (with Carrie D’Elia)

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About Torkin Manes LLP

Torkin Manes LLP

For more than three decades, Torkin Manes has applied the law to resolve issues standing in the way of our clients’ goals. Our professionals see the law as a tool to facilitate business and personal objectives. The firm has an established reputation for uncompromising commitment to clients and excellence and leadership in the profession.We provide client-focused solutions.We are committed to walk beside our clients, to become immersed in their legal issues and to be creative in finding legal solutions that allow them to make informed decisions. We offer the same quality of expertise one would expect at a larger firm, with the advantages that come from being a mid-sized firm

Awards

Torkin Manes named Regional Law Firm of the Year at the 2019 Chambers Canada Awards.

Torkin Manes recognized as the #1 ranked Ontario regional law firm by Canadian Lawyer.

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Exclusive IR Global advisor for Tax (Law) in Canada – East

151 Yonge Street, Suite 1500 Toronto ON M5C 2W7

Exclusive IR Global advisor for Tax (Law) in Canada – Quebec

151 Yonge Street, Suite 1500 Toronto ON M5C 2W7