Agenda - January 28th, 2020 (Day One)

   9:00

Welcome and Introduction by PBLI

   9:05

Chairs' Welcome and Introduction to Day One

 

Maxime Faille

Gowling WLG

 

Jaimie Lickers

Gowling WLG

 

   9:10

First Nation Income Tax Immunity and Exemption: An Overview and Update

 

Maxime Faille

Gowling WLG

 

  • Section 87 of the Indian Act and its interpretation
  • Section 149 of the Income Tax Act: First Nations as governments
  • Tax treatment of First Nation social agency employees
  • Case law update
  • Recent CRA approaches

 

  10:00

Questions and Discussion

  10:10

Refreshment Adjournment

  10:25

First Nations and Sales Tax

 

Michael Welters

Aldridge + Rosling

 

  • Application of s. 87 to GST, PST and HST by CRA and the provinces
  • GST and professional services
  • Managing provincial sales taxes and limited partnerships, join ventures

 

  11:15

Questions and Discussion

  11:25

Corporate and Commercial Structuring Part I: Private First Nation Businesses

 

Mindy Wight

MNP LLP

 

Curtis Ziola

MNP LLP

 

  • Incorporation vs. sole proprietorship: Pros and cons

       - Taxation considerations

       - Liability considerations

       - Governance, management and control

 

  12:05

Questions and Discussion

  12:15

Networking Lunch

   1:15

Corporate and Commercial Structuring Part II: First Nation Economic Development Entities

 

Mindy Wight

MNP LLP

 

Curtis Ziola

MNP LLP

 

  • Corporate governance models: Political control vs. arm's-length
  • Joint ventures, limited partnerships and limited liability partnerships

 

   1:55

Questions and Discussion

   2:05

Taxation of Trusts
 

Jaimie Lickers

Gowling WLG

 

  • No First Nation-specific tax exemptions for trusts
  • Trusts subject to income and sales tax
  • Structuring consideration for minimization of tax

 

   2:55

Questions and Discussion

   3:05

Refreshment Adjournment

   3:20 Modern Treaty Nations, Self-Governing Nations and Taxation
 

Ernest Jack

Westbank First Nation

 

  • Transitioning into treaty/self-government
  • Tax matters under different self-governing agreements
  • Tax treatment of self-governing Nations
  • Self-governing Nations as taxing entities

 

   4:10 Questions and Discussion
   4:20 US Cross-Border Tax Issues Affecting First Nations
 

Max Reed

SKL Tax

 

  • US withholding taxes and Indigenous governments
  • Taxation of royalties and treaty payments to US resident members

 

   4:50 Questions and Discussion
   5:00 Chairs' Closing Remarks - Program Concludes for Day One

Agenda - January 29th, 2020 (Day Two)

   9:00

Chairs' Welcome and Introduction to Day Two: Exercise of Taxation Powers by First Nations

 

Maxime Faille

Gowling WLG

 

Jaimie Lickers

Gowling WLG

 

   9:05

Case Study: Mohawk Council of Akwesasne's Tobacco Agreement with Ontario
 

Grand Chief Abram Benedict

Mohawk Council of Akwesasne

 

District Chief Edward Roundpoint

Mohawk Council of Akwesasne

 

  • Regulation and revenue-sharing agreements
  • How the agreement has been implemented

 

   9:55

Questions and Discussion

  10:05

Refreshment Adjournment

  10:20

First Nation Property Taxation

 

Marie L. Potvin

First Nations Tax Commission

 

Randy Price

First Nations Tax Commission

 

  • First Nations jurisdiction
  • The First Nations Fiscal Management Act framework
  • Developing a property taxation system

 

  11:10

Questions and Discussion

  11:20

CPABC's Journey Developing an Indigenous Strategy

 

Jan Sampson

CPABC

 

  • our hypotheses - Are Indigenous peoples underrepresented in the CPA profession? Is the CPA profession important to nation building efforts?
  • Our goals - Long term and intermediate
  • Our challenges - How attractive is finance and accounting to Indigenous peoples in BC?

 

  12:10

Questions and Discussion

  12:20 Chairs' Closing Remarks