Richard is a Financial Services Tax partner with 18 years experience in Canadian tax, 11 as a partner in the Financial Services group at PwC Canada in Toronto. Richard specializes in automobile financing and banking. He has extensive experience advising on the tax consequences of industry-specific issues including securitizations and derivatives. He has advised on the reorganization of corporate groups including the implementation of tax-effective cross-border financing, resolved numerous disputes relating to the taxation of receivable and lease securitizations, and has supervised the compliance and audits for numerous PwC clients.
Richard recently advised on the acquisition of a credit union and has been involved with the due diligence and acquisition/divestiture transactions for banks and other financial institutions. He has advised several of Canada’s major automotive financing companies as well as fleet and equipment lessors, mortgage lenders and sponsors of securitization vehicles.
Richard has written and spoken for the Canadian Tax Foundation, Insight and Federated Press on various issues related to the taxation of financial institutions, including the Canadian mark-to-market rules, derivatives, securitizations, and IFRS. Richard was cited in the International Tax Review in 2010 and 2011 for his expertise in capital markets.
Richard has a law degree from the University of British Columbia and was admitted to the Ontario bar in 1994.