Fair Share? Implications of a Global Minimum Corporate Tax
Jack Mintz Lecture with Angelo Nikolakakis, Shawn Porter and Sky Schapiro
The historic agreement by 136 countries last October to implement a new global minimum corporate tax rate is designed to limit large multinationals’ ability to reduce their tax bills by diverting revenue to low-tax jurisdictions. If enacted, estimates are that governments worldwide will collect $150 billion in new revenue from a 15-percent minimum tax. Who wins, who loses and what does it mean for Canada? Join the C.D. Howe Institute on Wednesday, February 16 to hear an expert panel discuss the implications of the new tax on Canadian competition and investment, and hurdles it will face before coming into force.
C.D. Howe Institute events and webinars are open to members and their guests.
Angelo Nikolakakis, Partner, EY Law LLP
Angelo Nikolakakis is a partner of EY Law LLP. Angelo is a member of the Core International Tax Services practice within the Tax Law Services group, focused primarily on advising clients on domestic and international corporate transactions – including mergers, acquisitions, reorganizations, divestitures, inbound and outbound multinational direct investment, and structured financing.
Angelo is listed in Chambers Canada and in Chambers Global as one of the leading lawyers in Canada in the field of Tax Law.
Angelo has been selected by his peers to appear in The Canadian Legal Expert Directory, validation that he is a leading lawyer in his practice area, according to the Lexpert's annual peer survey.
Shawn Porter, Associate Assistant Deputy Minister, Tax Policy Branch, Finance Canada
Shawn is currently on an interchange with the Tax Policy Branch (Department of Finance). Prior to his current position, he was a partner in the Toronto office of Deloitte where he practiced in the areas of international tax and mergers and acquisitions for over 30 years. Shawn also served as the director of the Tax Legislation Division in the Tax Policy Branch (Department of Finance) on an interchange from 2011 to 2013.
Shawn is a former a former Chair of the Canadian Tax Foundation, a Council Member of IFA (Canadian Branch) and former instructor of international tax in the University of Waterloo’s Master of Taxation Programme. Shawn is a recipient of the Canadian Tax Foundation’s Lifetime Contribution Award. He graduated from Waterloo with a Master of Accounting degree and is a CPA.
Sky Schapiro, Vice President of Tax, OPTrust
Sky Schapiro is Vice President of Tax at OPTrust as well as an Adjunct Professor at the Faculty of Law at the University of Toronto. Prior to joining OPTrust, she was Director of Taxation for BMO Financial Group. Sky is also a member of the C.D. Howe Institute’s Tax and Fiscal Competitiveness Council. She specializes in the taxation of public companies and investments, with a particular focus on asset management, insurance, capital markets and treasury. Sky Schapiro was called to the Bar of Ontario in 2002.