We are pleased to welcome Jacob Yau as a partner in our Toronto office Tax group.
Jacob has extensive experience in tax litigation, having argued before the Tax Court of Canada and the Federal Court of Appeal on matters including income tax, excise tax and the general anti-avoidance rule (GAAR). He advises both domestic and international clients on corporate tax, tax planning, business structuring, voluntary disclosures, tax compliance and audits.
In addition to his practice, Jacob has been a presenter and panelist at various tax conferences across Canada, as well as being an editor of International Tax Planning by Federated Press.
Prior to joining Davies, Jacob was a partner at a large Canadian law firm, having started there as a student in 2013.
U.S. Supreme Court Upends 40 Years of Judicial Deference to Regulations
July 25, 2024 - In a historical opinion in Loper Bright Enterprises v. Raimondo, Secretary of Commerce, released at the end of June, the U.S. Supreme Court overturned the “Chevron” doctrine, which for so long had controlled judicial review of U.S. federal regulations. Chevron, decided in...
Canada Finally Enacts the Digital Services Tax (Maybe)
July 09, 2024 - The new Digital Services Tax Act came into force with an order-in-council on June 28, 2024, imposing a 3% digital services tax (DST) on certain Canadian-source digital services revenue of large entities. The DST would first be payable in 2025, with the initial payments retroactively...
