Jules Charette practises tax law. He regularly advises businesses, developers, public bodies and financial institutions on the tax aspects of financings, mergers and acquisitions, reorganizations, executive compensation and international transactions.
Mr. Charette also represents taxpayers in disputes with the tax authorities. In addition, he advises individuals on estate planning, which has led him to develop expertise in trusts and estates.
Mr. Charette is co-chair of our Canadian tax team and chair of our Canadian estates, trusts and wealth management team.
Selected client work
Mr. Charette recently acted as counsel on taxation aspects of transactions for the following clients:
· Bombardier Inc. in connection with a new European offering of €780 million aggregate principal amount of new senior notes due 2021, and debt tender offers to purchase certain series of Bombardier's outstanding notes
· The senior lenders and bondholders in connection with the $1.2-billion financing of a new McGill University Health Centre hospital to be located on the Glen Campus in downtown Montréal
· Bombardier Inc. in connection with a new cross-border offering of US$1.5 billion aggregate principal amount of new senior notes due 2018 and 2020, and a multijurisdictional debt tender offer to purchase US$1.0 billion aggregate principal amount of certain series of Bombardier's outstanding notes
· Hydro-Québec in the $615-million acquisition of a 60% interest in the McCormick Hydroelectric Facility from Abitibi-Consolidated Company of Canada
· Ville de Montréal and Société du Parc Jean-Drapeau in connection with the negotiations with Formula One Administration Ltd. to ensure the presentation of the Formula One Canadian Grand Prix until 2014 and coordination of the contributions and subsidies awarded by Canada Economic Development, Tourisme Montréal, the ministère du Tourisme du Québec and Ville de Montréal
· The underwriters in connection with Power Financial Corporation's issuance of six million Non-Cumulative First Preferred Shares by way of a prospectus supplement to its base shelf prospectus for gross proceeds of $150 million
· Quebecor World Inc. (now World Color Press Inc.) in its successful emergence from creditor protection under the Companies' Creditors Arrangement Act (CCAA) in Canada and, in respect of certain US subsidiaries, Chapter 11 of the United States Bankruptcy Code
Rankings and recognitions
· Best Lawyers in Canada, 2012 - Tax Law: Corporate
· PLC Which lawyer?, 2011 - Tax
· Lexpert
· Chambers Global: The World's Leading Lawyers for Business, 2011: Tax
Memberships and activities
· Canadian Bar Association
- Tax Section
· Canadian Tax Foundation
· International Fiscal Association
· Association de planification fiscale et financière
· Le Bon Dieu dans la rue
- Member of the executive committee and secretary
· Foundation of Greater Montreal
- Legal advisor since its incorporation in 1999
Directorships
· Director of a number of private corporations and charitable organizations
Related Publications
2012-2013 Quebec Budget Highlights
On March 20, 2012, the Quebec Minister of Finance, Raymond Bachand, tabled the 2012-2013 Quebec Budget.
21/03/2012
Canada - Federal Budget June 2011 - new budget, same measures
On June 6, 2011, the Canadian federal government tabled a budget containing the same income tax measures as in its budget delivered on March 22, 2011.
07/06/2011
Federal Budget 2011 - income tax measures
Budget 2011 contains no changes to corporate and personal income tax rates and does not propose to withdraw any previously announced planned reductions in income tax rates.
23/03/2011
Important changes to tax rules governing employee stock options: should you change your stock option plan?
On March 4th, 2010, the Canadian federal government tabled its Budget. Included in Budget 2010 are several important proposed amendments to the tax treatment of employee stock options under the Income Tax Act (Canada)
01/04/2010
GST/QST on investment manager fees
On April 16, 2009 the Federal Court of Appeal released its decision in the case of The Queen v The Canadian Medical Protective Association, which dealt with whether fully-discretionary investment management services were taxable supplies subject to GST.
18/12/2009
Online income of eBay sellers taxable
The recent announcement by Minister of National Revenue Jean-Pierre Blackburn confirming that the Canada Revenue Agency
04/08/2009
Highlights of the Quebec Budget 2009 - 2010
On March 19, 2009, the Quebec Minister of Finance, Monique Jérôme-Forget, tabled the Quebec Government's 2009-2010 Budget. The following is a summary of the principal tax measures announced in the Budget.
20/03/2009
Protocol Amending the Canada-US Tax Treaty Enters Into Force
Last month, the Canadian Minister of Finance and the US Treasury Secretary announced the entry into force of the Fifth Protocol to the Canada-United States Income Tax Convention, 1980
06/01/2009
Ontario government introduces the ideas for the future act
On September 23, the Ontario government released the Ideas for the Future Act, 2008,1 fulfilling a promise included in the 2008 Ontario Budget to provide a 10-year Ontario corporate tax holiday2 for new corporations that commercialize intellectual...
08/10/2008
Federal Budget 2009
On January 27, 2009, the federal government tabled its much-anticipated Budget. This Bulletin summarizes the principal income tax measures contained in the Budget and highlights certain non-income tax measures. Although the Budget contains a great deal of economic stimulus for virtually every
28/01/2009
Finally some relief - elimination of Section 116 Certificate Requirements and Canadian Income Tax on gains from sale of certain shares by non-residents
On March 4, 2010, the Canadian federal government tabled its Budget. Included in the Budget is a proposal which would eliminate, with effect from March 5, 2010, what has been a longstanding thorn in the side of foreign private equity and venture capital investors.
05/03/2010
Federal Budget 2010 - Income tax measures
On March 4, 2010, the federal government tabled its Budget. This bulletin summarizes the principal income tax measures affecting businesses contained in the Budget.
04/03/2010
Related News
Les nouvelles mesures contre les PFA vues par Jules Charette
On droit-inc.com, Jules Charette analyzes the recent measures introduced by the Government of Quebec to fight aggressive tax planning.
16/10/2009
Autoroute 30 - Ogilvy Renault Represents the International Syndicate of Lenders
Ogilvy Renault acted on behalf of the international syndicate of lenders in connection with the financing of the Autoroute 30 project.
08/10/2008
Un click sur le budget
In an interview conducted before and after the federal budget announcement, Jules Charette explains to Droit-inc.com how closely tax specialists follow the announcement.
05/03/2010