Course description

  • The Tax Court decision in Goudreau puts accountants’ valuation work—and the risks of relying on internal estimates—under the spotlight.
  • Price Adjustment Clause at work - can the client (and you) rely on the PAC as a defensive mechanism to support internal and external valuations?
  • PAC in the context of section 85 rollovers, estate freezes and owner-managed business reorganizations: internal reorganizations v. intergenerational shifts of value.
  • Goudreau: acknowledgement of status quo or harbinger of a new CRA approach?
  • When the value is too good to be true: Professional liability on internal and external valuations.

    About this course

    • $50.00
    • 1 CPD hour
    • November 5, 2026 - 12:00 PM ET

    Instructor(s)

    Vitaly Timokhov

    Partner, Gardiner Roberts LLP

    Vitaly specializes in providing sophisticated tax advice. He practises exclusively in the area of Canadian federal income taxation and tax planning, with an emphasis on international and domestic reorganizations, mergers and acquisitions, and personal tax planning for Canadian and foreign-based corporations and individuals. In particular, Vitaly has experience advising clients on tax-effective domestic and cross-border financing, the taxation of U.S. citizens and green card holders in Canada, and the taxation of trusts and estates. He has also taught international taxation as an adjunct professor at Osgoode Hall Law School.

    Vitaly attended Queen’s University Faculty of Law where he was granted a Newton Rowell Scholarship and received a National Tax Award. After articling at a leading Canadian law firm, he studied taxation as a Gerald Wallace Scholar at New York University School of Law where he earned his LLM and served as an editor of the NYU Journal of International Law and Politics.