Team > Lawyers > Glass, Leonard
Len’s practice focuses on taxation including both income and commodity taxation. He advises both private and public clients primarily on transactional and corporate reorganization matters. A large part of Len’s practice involves working for clients that carry on business outside of Canada. For these clients, Len designs tax efficient structures including utilizing appropriate vehicles and transfer pricing methodologies. He also provides advice to Canadian pension plans in connection with their acquisitions and divestments both inside and outside of Canada.
Recognition and Ranking
- Martindale-Hubbell International Law Directory: CV Peer Review rated
Professional Activities
- International Fiscal Association, Member
- Inter-Pacific Bar Association, Canadian Tax Vice-Chair
- Canadian Tax Foundation, Former Governor
- Canadian Bar Association (B.C. Branch), Tax Subsection, former Chair
- Former BCIT Sessional Lecturer, Management Studies Department
Bar Admissions
- Northwest Territories (2002)
- British Columbia (1991)
Education
- University of Toronto (LL.B., 1989)
- University of Manitoba (B.A., 1984)
Experience
- Advisor to major western Canadian public sector pension plans and government investment entities with respect to investments in various domestic and international private equity funds and investments
- Advisor to an international private equities fund with respect to the acquisition of a Canadian oil and gas engineering corporation
- Advisor to investors in multiple acquisition of partnership interests and other US energy related assets with aggregate transaction values in excess of $10 billion
- Advisor to investors in the acquisition of real estate based assets in Brazil and Mexico
- Advisor to sponsors of various Western Canada based private equity and venture capital funds in relation to the tax structuring and formation of those funds
- Advisor on the successful $1.2 billion takeover of Canadian Hotels Income Properties REIT
- Advisor to Canadian listed Australian mining corporations in respect of their worldwide mining acquisitions
- Advisor to both issuing corporations and underwriters with respect to various public offering of securities
- Tax advisor to investors in numerous international private equity and venture capital funds
- Lead tax counsel to vendors of an airline
- Advisor to industry in respect of British Columbia’s new carbon tax
- Advisor to income funds in respect of new federal income tax imposed on income funds
- Tax advisor to a recreational property developer in connection with waterfront developments
- Drafted and structured deferred compensation arrangements, including stock option and share appreciation rights for non-resident clients acquiring Canadian businesses
News / Publications
“Business Expansion into Canada – Recent Developments” Oregon and Washington Tax Institute co-sponsored by the Oregon State Bar Taxation Section, Washington State Bar Association Law Section, OSB CLE Seminars, and WSBA CLE, Seattle Washington (May 1 and 2, 2008)
“Tax Equalization Policies and Benefits affecting today’s Global Executives” Inter-Pacific Bar Association 18th Annual Conference, Los Angeles, California (April 28-30, 2008)
“Kettle Inc. comes to Canada distributing kettles in Canada” Inter-Pacific Bar Association 17th Annual Conference, Beijing, China (April 20-23, 2007)
“Tax issues arising from Cross-Border Businesses” International Taxation Seminar, Seattle Washington (February 8, 2007)
“Sift Update – Taxation of Income Funds” British Columbia Tax Conference Report, Canadian Tax Foundation (2007)
The Benefits of Using an Unlimited Liability Company (April 29, 2005)
Tax Issues - Canadian Operations (July 11, 2002)
Equity-Based Compensation for Canadian Employees (May 2, 2002)
Corporate-Owned Life Insurance: Where Are We Now? (April 17, 2002)
“Section 80: An Update” British Columbia Tax Conference Report, Canadian Tax Foundation (2002)
“Tax Issues in Buying and Selling a Business” B.C. Tax Conference, Canadian Tax Foundation (1999)
“Canadian Inbound Investment with Limited Liability Companies - A Trap for the Unwary” U.S. publication Tax Notes International (Oct. 26, 1998)
Introduction of ULC Legislation in Alberta
Conferences
Cross Border Tax Issues in Alberta
Lorman Education Services
(December 9, 2008 - Calgary, Alberta)
Len has frequently chaired a panel at the annual British Columbia Tax Conference.
