![]() In The News Claire Kennedy in Bloomberg on Rio Tinto Canada Tax CaseJuly 22, 2016 Claire Kennedy comments in Bloomberg BNA on the Tax Court of Canada ruling that Rio Tinto Alcan Inc. can deduct C$51.6 million in legal, banking and regulatory costs used to acquire a competitor and to spin off a business unit. Claire said the ruling provides welcome clarity on the age-old question of income versus capital in the context of merger and acquisition transactions under evolved and evolving standards of corporate governance. Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. |