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Stephen Pincus quoted in "Ottawa tightens tax rules on hybrid investment product; REITs among those targeted in crackdown against stapled securities", The Globe and Mail

July-20-2011

Lawyer Stephen Pincus
Area Corporate Finance and Securities, Mergers and Acquisitions, REITs and Income Securities

Details

Excerpt from "Ottawa tightens tax rules on hybrid investment product; REITs among those targeted in crackdown against stapled securities", by Simon Avery:

There are only a handful of businesses that will be affected by the government's clamp down, says Stephen Pincus, a senior partner at Goodmans LLP specializing in corporate finance and M&As, but Ottawa is clearly moving to prevent a bigger trend. "The government made these changes because they had a concern that there might be other entities that might want to use this sort of structure," he said.