ARTICLE · 25 APRIL 2013

The Lighter Side Of Tax Opinions

Dentons Canada LLP

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A list of the "likelihood of success" opinions (frequently with percentage thresholds) with respect to a proposed transaction.

CanadaTax

Timothy Fitzsimmons

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We are often asked to provide a "likelihood of success" opinion (frequently with percentage thresholds) with respect to a proposed transaction. As anyone whose been asked for such an opinion knows, it is far from an exact science.

This document has been around for a while, but recently arrived on our desks again. It is a helpful (and humourous) listing of each percentage along with its corresponding "plain english" explanation.

Enjoy!

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Dentons is a global firm driven to provide you with the competitive edge in an increasingly complex and interconnected marketplace. We were formed by the March 2013 combination of international law firm Salans LLP, Canadian law firm Fraser Milner Casgrain LLP (FMC) and international law firm SNR Denton.

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