P A C I F I C B U S I N E S S & L A W I N S T I T U T E

FIRST NATION TAXATION:IMPLICATIONS OF THE BASTIEN AND DUBÉ CASES

October19th,2011 • RenaissanceHarboursideHotel • Vancouver,BC

Chairedby

Maxime FailleGowlingsLLP

Approvedfor

upto6 hoursof

CLE,MCLEorprofessional

developmentcredits

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First Nation Taxation:Implications of the Bastien and Dubé Cases

After almost 20 years of court decisions that narrowed the section 87 First Nation tax exemption, the Supreme Court of Canada in the recent Bastien and Dubé decisions appears to have strengthened and broadened the Indian Act exemption. The impact of the decisions on First Nations’ ability to enhance their own economic development has yet to be determined. Nonetheless, the direction offered by the Supreme Court will likely have significant ramifications.

At this conference, you will hear from our expertfaculty, including lawyers involved in the decisionsandaccountantswhospecializeinthisarea,oncurrentissuesinFirstNationtaxationandtheimplicationsofrecentcaselaw.

Issues to be discussed:Whatroledoestaxationplayinself-determination?•

Backgroundofthe• BastienandDubédecisions

The implications of recent case law on First Nation tax•immunity

Taxationofinvestmentandbusinessincome—Whatis•theimpactofrecentcaselaw?

How todetermine thebest structure foryourproject to•improvetaxefficiencyandoperation

Taxplanningtipsrelatedtoemploymentincome•

GST,HSTandothertaxes•

Who Should Attend:

Aboriginalleaders,administrators,advisorsandcouncillors•

Lawyers,projectmanagersandaccountantsadvisingFirst•NationgovernmentsorbusinessesworkingwithAboriginalpartners

Businessmanagersanddevelopers•

Financeprofessionals•

ResourceindustryexecutivesandAboriginalliaisons•

Consultants•

Federal,provincialandmunicipalofficersandlawyers•

ChairMaxime Faille,Partner,GowlingsLLP,Ottawa,ON.Mr.Faillepractisesin the areas of Aboriginal law, public law and general litigation.He istheNationalLeaderofGowlings’AboriginalLawGroup,andiscounselinseveralAboriginaltaxmatters.Mr.FailleteachestrialadvocacyattheUniversityofOttawa’sFacultyofLaw,andhasalsolecturedonconstitutional

litigation.HehasbeenalecturerontheLawofPublicAuthoritiesintheMaster’sofPublicAdministrationprogramatCarletonUniversity.Mr.FailleisamemberoftheBarristersAdvisoryGrouptotheLawSocietyofUpperCanada,andhasbeencalledtotheBarsofOntario,NorthwestTerritoriesandYukon.

FacultyJohn Hurley,Partner,GowlingsLLP,Montréal,QC.Mr.Hurleyhasmorethan30yearsexperienceincommerciallaw,withspecialemphasisonFirstNations,energyandinfrastructure,environmentallaw,regulatorymattersandinternationaldevelopment.Mr.HurleyhaslongworkedwithAboriginalpeoplesinQuébec,especiallytheCreesandtheInuit,onawidevarietyof

matters,includinggovernmentrelations,energyandnaturalresources,environmentalassessment,localandregionalgovernment,health,taxation,economicdevelopmentandgeneralcommercialmatters.HehasadvisedbothAboriginalandnon-Aboriginalclientsonpartnershipsandcollaborationagreementsinthecontextofenergyandresourceprojects.Inenergymatters,Mr.Hurleyhasassistedcommercialclientsfornearly20yearswiththedevelopmentandexecutionofenergygenerationprojects.Hehasalsorepresentedclientsinenvironmentalassessmentproceduresrelatingtolargenorthernhydroelectricprojects.Mr.HurleyhasdirectedtechnicalassistanceprojectsinEasternEuroperelatedtointernationaltrade,civillawrevisionandjudicialreform.HepractisesinEnglishandFrench.

Daniel Lacelle,Partner,GowlingsLLP,Montréal,QC.Mr.LacelleistheofficeleaderoftheTaxLawGroup.Hepractisesintaxationlawwithparticularemphasisoncorporateandtransactionaltaxation.Hehasactedforfinancialinstitutions, equity investors andother corporate entitieswith respect topublicandprivatecorporatefinancing(debtandequity),financialproducts,

leaseandasset-backedfinancing,structuringofresearchanddevelopmentfundingandinternationaltaxation,aswellasadvisedontaxissuesrelatedtotheacquisitions,mergersorsalesofbusinessesandcompanies.HepractisesinEnglishandFrench.

Bill Maclagan,ManagingPartner,Blake,Cassels&GraydonLLP,Vancouver,BC.Mr.MaclaganpractisesintheTaxGroup.Heisinvolvedinallaspectsofincomeandcommoditytaxation,includinggoodsandservicestaxandtransferpricing.Hepractisesinboththetaxationplanningandtaxlitigationfields.Mr.Maclagan’spracticeemphasizescorporatetaxationwithafocus

ontransactionaladvice,corporatereorganizations,andstructuringbusinessprojectsincludingjointventuresinvolvingFirstNations.Mr.MaclaganisrecognizedasaleadinglawyerinThe Canadian Legal Lexpert Directory, The Best Lawyers in CanadaandPLC Which Lawyer?.Mr.Maclaganhaswrittenextensivelyinhisareaofexpertise,haschairedconferencesongeneraltaxandcorporatematters,andisafrequentlectureratprofessionaldevelopmentprograms.HeispastchairpersonoftheTaxSubsectionoftheCanadianBarAssociationinBritishColumbia,andisaGovernoroftheCanadianTaxFoundation.

Randy Munro,AssociatePartner,DeloitteandToucheLLP,Langley,BC.Mr.Munrohasover20yearsofexperienceinprovidingprofessionaltaxadvicewithanemphasisontax-effectivestructuringforFirstNationbusinesses.HehasadvisedFirstNationsonavarietyoftaxissuesincludingstructuringoflimitedpartnerships,establishmentofsettlementtrustsandconversionofnon-profit

corporationstolimitedpartnerships.Inaddition,Mr.MunrohasadvisedFirstNationsonthetaxcomponentsofTreaties.Mr.MunrohasbeenextensivelyinvolvedwithtaxtrainingfortheCanadianInstituteofCharteredAccountants,includingparticipationintheCICAIn-depthtaxprogram,theWealthPreservationCourseandtheIncomeTaxPracticeCourse.HehasalsolecturedandpresentedanumberofpapersrelatingtoAboriginaltaxationandbusinessstructuringforFirstNations.

J. Peter Ranson,TaxPartner,AboriginalClientServices,KPMGLLP,Kelowna,BC.Mr.Ransonhasextensiveexperience inprovidingabroad rangeofAboriginalservicestoFirstNationsacrossCanada,including:Negotiationsof business ventures and structures; assisting with specific land claimnegotiations;negotiatingwithlendersandinvestorstodeterminethebest

structuretopreservetheAboriginalintegritywhileprovidingadequatesecurity;andadvisingon themanagement andgovernance structuresof business ventures andspecificclaims.HehasalsoadvisedonawidevarietyofAboriginal/non-Aboriginalbusinessventuresincludingforestry,retail,realestatedevelopment,buildingsupplybusinessesandgamingbusinesses.HehasnegotiatedfinancingandregulatoryissueswithgovernmentsandAboriginalBusinessCanada.Mr.RansonistheauthoroftheKPMGbookentitledFirst Nations and Canadian Taxation.

Aboriginal Youth Sponsorship Program: Forinformation about applying please visit www.pbli.com/aboriginal-youth-sponsorship.

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First Nation Taxation - October 19th, 2011

Upcoming Conferences•Consultation and AccommodationSept.23rd,2011inVancouver,BC•Corporate GovernanceSept.29th&30th,2011inOttawa,ON•Advanced Tax IntensiveOct.13th,2011inVancouver,BC

•National Aboriginal Policing ForumOct.27th&28th,2011inOttawa,ON•Construction ContractsNov.17th,2011inVancouver,BC•First Nation TrustsNov.23rd,2011inOttawa,ON

•Canadian Aboriginal Law 2011Nov.24th&25th,2011inOttawa,ON•Collaborative Watershed GovernanceJan.26th&27th,2012inVancouver,BC•Green DevelopmentFeb.2nd&3rd,2012inVancouver,BC

Corporations•Trusts•Limitedpartnerships•Planningtoselectthebusinessstructure:Strategy,•planning,execution,continuousimprovement

12:40 Questions and Discussion

2:20 Taxation of Employment Income, GST, HST and Other Taxes J. Peter RansonKPMGLLP

Taxplanningforemployeesandemployers•Understandingthe“commercialmainstream”•Whathaschanged?•Practicaltips•GST,HSTandothertaxes•

3:20 Questions and Discussion

4:15 Closing Remarks

4:30 Conference Concludes

9:00 Welcome and IntroductionMaxime FailleGowlingsLLP

9:10 First Nation Tax Exemption: The Long Road to Bastien and DubéMaxime FailleGowlingsLLP

HistoryandoriginofFirstNationtaximmunity•Thelongdeclineanderosionofthetaximmunity•Bastien• andDubé:Newlife?

10:00 Questions and Discussion

10:10 Investment and Business Income in the Wake of Bastien and Dubé

Bill Maclagan John HurleyBlake,Cassels&GraydonLLPGowlingsLLP

Taxationofbusinessincome•Situsofbusinessactivity•Taxtreatmentofvarioustypesofinvestmentincome•Ventureswithotherentities•Implicationsofrecentcaselaw•

11:10 Questions and Discussion

11:35 Corporate Structuring for First Nation Businesses, Limited Partnerships & Joint Ventures Daniel Lacelle Randy MunroGowlingsLLPDeloitte&ToucheLLP

Considerationstomaintaincontrol,minimizeliabilityand•maximizetaxbenefitsFirstNationsdoingbusinessintheirowncapacity•Jointventures•

12:50 Luncheon Adjournment

3:30 Refreshment Adjournment

11:20 Refreshment Adjournment

3:45 Faculty Roundtable:

The Implications of Bastien and Dubé: Narrow or Far-reaching?

6• Pleaserecycle

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First Nation Taxation:Implications of the Bastien and Dubé Cases

October19th,2011

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