Torys LLP

Torys Lawyers Ranked Among the Top by Chambers Canada

Torys is proud to have the firm recognized among the top-ranked firms and individuals in the Chambers Canada’s 2018 edition.

Our culture and relationship-driven values help the best ideas rise to the top, and aid our lawyers as teams and individuals in serving our clients, the legal profession and our communities to the fullest.

Our cross-border Infrastructure Practice has recognized experience, having advised sponsors, lenders, public authorities and contractors on over 100 major infrastructure and PPP projects in Canada, the United States and beyond.

New Republican Tax Framework

The Republicans’ 9-page framework outlining proposed changes to the U.S. tax code is the most significant step toward tax reform since the administration took office.

Some of the proposals in the overhaul may be relevant to non-U.S. corporations that invest in the United States.

Among the changes announced is a reduction of the federal corporate tax rate, limitation of the deduction for net interest expense by C corporations, and a new tax rate on business income earned through pass-through entities.

Read our New York tax team’s analysis of the proposed U.S. tax framework.

Sharon Geraghty Authors Piece in Globe and Mail

As shareholders continue to seek an increasingly active role in corporate governance, company boards are left with no choice but to adapt the way in which they deal with these situations.

Part of that solution is for boards to examine and improve how they work with shareholders to ensure the best interests of both the company and shareholders are considered.

Read Sharon Geraghty’s insights on dealing with the increase of shareholder activism.