Laura M. White

Laura M. White  

Partner

Executive Summary

Laura White is a partner in the Toronto office of Borden Ladner Gervais LLP. A tax lawyer, she is recognized as a leader with extensive knowledge and experience in all aspects of Canadian income tax law relevant to the investment funds and asset management industry both in relation to funds and their managers, including domestic and offshore fund structures for retail, high net worth, institutional and tax-exempt investors; traditional trust and corporation structures, exchange-traded funds and alternative investment products; ongoing operational issues; investment by offshore funds in Canada; investment by Canadians in offshore funds; multiple-class issues; management fee issues; investment strategies, equitable distribution models; financings, restructurings; acquisitions; wind-ups; and registered plans.

Representative Work

  • Successfully advocated for various legislative changes, including recently to prohibited investment rules.
  • Launched several families of mutual funds, exchange-traded funds and pooled funds.
  • Advised on voting trust structures for corporate funds.
  • Structured and implemented a tax neutral strategy to switch US investors from a Canadian pooled fund to a US investment fund.
  • Structured and implemented various in-bound investment strategies for offshore funds.
  • Obtained unprecedented tax relief from the Canada Revenue Agency in connection with the issuance of tax slips for market-timing compensation payments made by Canadian mutual fund managers.
  • Renewed, restructured and/or terminated several cross-border financing transactions.
  • Advised in connection with various offshore hedge-fund structures managed by Canadian entities.
  • Implementing return of capital feature for mutual fund corporations.

Publications & Presentations

  • Author, Futures, Forwards and Currency Swaps – Tax Consideration, Taxation of Financial Products, Federated Press, 2011 and 2012.
  • Author, "Current Developments in the Taxation of Mutual Funds," 2011 Conference Report, Canadian Tax Foundation.
  • Presenter, Fund Mergers – Tax Issues, Independent Review Inc., Toronto, 2012.
  • Author and Presenter, "Prohibited Investments", various venues, 2012.
  • Author, "Taxation of Mutual Funds," The Practitioner's Guide to Mutual Funds in Canada, 2010 Edition, ISI Publications.

Rankings & Recognitions

  • Selected by peers for inclusion in 2016 edition (and since 2006) of The Best Lawyers in Canada® (Tax Law).
  • Recognized in the 2017, 2016, 2015, 2014 and 2013 editions of The Canadian Legal Lexpert® Directory (Investment Funds & Asset Management).