Garnet Matsuba

Counsel

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contact

Office: Edmonton

Main: (780) 969-3502

Fax: (780) 969-3549

Education & Qualifications

  • Alberta Bar (1985)
  • In-Depth Tax Course (Canadian Institute of Chartered Accountants, 1988)
  • LLB with distinction (Alberta, 1984)
  • B.Com. with distinction (Alberta, 1981)

Garnet Matsuba focuses on developing tax-efficient business structures, Canadian and international tax planning, and devising corporate reorganizations.

  • Assisted Canadian private corporations in planning around the new “Tax on Split Income” rules and in structuring equity participation by employees without triggering immediate tax
  • Worked with many professionals to restructure their corporations to take advantage of current opportunities to reduce personal tax on distributions received
  • Acted for major international corporations in establishing offshore business organizations to capitalize upon favourable tax treaty provisions
  • Reorganized numerous privately held corporations in a tax-effective manner to monetize benefits provided by the Canadian tax system
  • Advised an Alberta pharmaceutical company on tax issues pertaining to the largest licensing deal in Canadian biotech history
  • Teamed with international advisers to design and implement a tax-effective acquisition of a successful Alberta engineering firm by a major U.S. consortium

Garnet practises broadly in the area of taxation which includes corporate tax planning, corporate reorganizations, tax-efficient business structuring, business succession planning, and estate planning and administration. Garnet’s clients range from small-to mid-size owner managed businesses to private and public multinational enterprises, spanning a wide variety of industry sectors.

His numerous academic achievements include winning the T. Eaton Company Gold Medal on earning his Bachelor of Commerce degree at the age of 18. He was selected as Young Canadian Achiever for Edmonton-Strathcona and named the Alberta representative to the Federal Advisory Committee for International Youth Year in 1985.

  • Member, Audit & Finance Committee, Law Society of Alberta
  • Treasurer, Alumni & Friends of the Faculty of Law (University of Alberta) Association
  • Former Governor, Canadian Tax Foundation
  • Executive Member, Northern Alberta Taxation Section, Canadian Bar Association
  • Statistician and Media Relations Liaison, Edmonton Oilers Hockey Club
  • Co-presenter, “Jointly Held Assets and Beneficiary Designations,” Society of Trust and Estate Practitioners (Edmonton, 2019)
  • Presenter, “Anatomy of a Trust,” business and tax advisers (2013)
  • Presenter, “The Uses of Trusts in Tax and Estate Planning,” business and tax advisers (2012)
  • Lecturer on taxation, University of Alberta
  • Presentations to the Judges of the Court of Appeal of Alberta, Canadian Bar Association, the Canadian Tax Foundation, the Legal Education Society of Alberta (including the 2010 Lake Louise Refresher Course on Business Law), the Entrepreneurial CAs of Edmonton, the Institute of Chartered Accountants of Alberta and the Estate Planning Council of Edmonton
  • Recognized in Best Lawyers, Tax Law (since 2012)
  • Judges’ Bronze Medal in Law (1984)
  • T. Eaton Company Gold Medal (1981)