Firoz Ahmed

Firoz specializes in the taxation of mergers and acquisitions, corporate reorganizations, debt restructurings, partnership arrangements and international taxation. He has written articles and presented papers on a number of income tax subjects for the International Tax Review, Journal of International Taxation, Canadian Tax Journal and the Tax Executives Institute. Firoz has been seconded to the Rulings Directorate of Revenue Canada, Taxation as a senior rulings officer in the corporate reorganizations section.


Representative Work

  • General Electric in the division of the operations of its main Canadian subsidiary into separate entities in furtherance of the spin-off of GE’s healthcare business, creating GE HealthCare Technologies Inc.
  • IBM Canada in respect of IBM Corporation’s spin-off of Kyndryl
  • SmartREIT in connection with the acquisition of the remaining assets of OneREIT by way of a plan of arrangement
  • Corus Entertainment Inc. in connection with its proposed $2.65 billion purchase of Shaw Media Inc. from Shaw Communications Inc.
  • Tim Horton’s Inc. in its combination with Burger King
  • Magna International Inc. in connection with its acquisition of Getrag GKA
  • Talisman Energy Inc. in its acquisition by Repsol

 

Latest Insights

  • Osler Update Dec 4, 2023

    Revised EIFEL legislation in implementation bill

    The Canadian federal government introduced an implementation bill and related explanatory notes on November 30, 2023, that includes the revised EIFEL...

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    Revised EIFEL legislation in implementation bill
  • Osler Update Aug 9, 2023

    Finance releases further revised EIFEL rules

    Osler’s National Tax Group has been following these developments closely. See our Updates on the draft tax legislation package, the global...

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    Finance releases further revised EIFEL rules
  • Osler Update Nov 24, 2022

    Finance releases revised draft EIFEL rules

    Finance Canada releases revised draft EIFEL rules with significant changes to many aspects of the proposed regime.

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  • Osler Update Feb 19, 2020

    Treaty exempt gain by Luxembourg holding company upheld by Federal Court of Appeal

    The Federal Court of Appeal confirmed that a Luxembourg holding company was entitled to a capital gains exemption under the Canada-Luxembourg tax...

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    Treaty exempt gain by Luxembourg holding company upheld by Federal Court of Appeal

Awards and Recognition

  • Chambers Canada: Canada’s Leading Lawyers for Business: Band 1, Tax
  • Chambers Global: The World’s Leading Lawyers for Business: Recognized in Tax (Star Individual): Band 1, Tax
    • “His communication is excellent. He can distil issues and describe risks and has the ability to make suggestions on how we can adapt to allow us to better achieve our objectives.”
  • The Canadian Legal Lexpert Directory: Recognized in Corporate Tax; Toronto’s leading corporate tax lawyers in 2021
  • The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada: Recognized in Corporate Tax
  • Best Lawyers in Canada: Recognized in Tax Law
  • Legal 500: Recognized in the Hall of Fame in Tax
  • International Tax Review: Recognized in General Corporate Tax as a Highly Regarded lawyer
  • Who’s Who Legal: Thought Leaders: Recognized in Corporate Tax – Advisory
  • Who’s Who Legal: International: Recognized in Corporate Tax – Advisory
  • Who’s Who Legal: Canada: Recognized in Corporate Tax

Media Mentions

  • Osler News Feb 16, 2024

    Osler recognized as a leading firm in Chambers Global 2024 Guide

    Osler recognized as a leading firm in Chambers Global 2024 Guide

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  • Osler News Jan 9, 2024

    34 Osler lawyers recognized in 2024 Lexpert/American Lawyer Guide to Leading 500 Lawyers in Canada

    Osler is pleased to announce that 34 of our lawyers have been recognized in the 2024 edition of the Lexpert/American Lawyer Guide to the Leading 500...

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  • Osler News Aug 25, 2023

    Osler recognized as a Tier 1 firm in ITR’s World Tax Guide 2024

    Osler is proud to once again be recognized as a Tier 1 firm in the 2024 edition of the International Tax Review’s World Tax guide. Additionally, 19...

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  • Osler News Apr 19, 2023

    42 Osler lawyers recognized by Lexpert as leaders in Finance and M&A

    Osler is proud to announce 42 of our lawyers have been recognized as leaders in the Lexpert Special Edition: Finance and M&A 2023.

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Speaking and Writing

Published Work

  • 2016 Proposed Changes to Subsection 55(2) (20th Taxation of Corporate Reorganization Conference)
  • 2015 Taxation of Corporate Reorganizations – Current Issues and Future Trends

Credentials

Education

  • Queen’s University, LL.B.
  • Carleton University, B.Comm.

Languages

  • English

Professional Affiliations

  • Canadian Tax Foundation
  • International Fiscal Association
  • Canadian Bar Association